Flooring Sales and Installation $1.3M Sales | SC is Growing Fast!!

Horry County, SC
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Asking Price:$359,600
Gross Revenue:$1,300,000
Cash Flow:$145,000
Established Year:1954
BUSINESS DESCRIPTION

Are you passionate about helping new home buyers achieve their dreams? Looking for a way to channel your creativity while enjoying what you do and earning a nice living for yourself and family? Do you like the variety of working with individual home owners one day and with contractors and large developers the next? This legacy business is a mature platform and needs you to take the baton into the future! This family business offers many scalable synergies for strategic buyers or enthusiastic independent operators seeking an established opportunity for stable cash flow and expansion. The reputation for service, satisfaction, and goodwill in place is invaluable for the next generation of operators to leverage. This business has recently had a pricing adjustment and is ready for first-time buyers and potential SBA financing. Located in a growing secondary market adjacent to North Myrtle Beach, the business offers a solid opportunity for young or seasoned entrepreneurs going forward and is just minutes from the coast of SC! Established in 1954.
Get positioned and trained NOW for the new and better economic cycles that are coming just around the corner!


ATTACHED DOCUMENTS
One-Page Deal Summary.pdf Download

DETAILED INFORMATION
Location
Horry County, SC
Inventory
Not Included in asking price
Real Estate
Leased
Facilities
Long-standing retail store with additional warehousing located on busy main street.
Competition
Offering fine lines of flooring from industry leaders to residential end-users in secondary markets and with discerning contractors along the Grand Strand of SC.
Growth & Expansion
This scalable enterprise is available for strategic acquisition of new territory, sales and cash flow, repeat clients, employees, vendor status, and strategic working relationships. Seller pushed the enterprise to $1.78M in sales in 2021, but has preferred to maintain operating levels in the $1.3 to $1.4M range. The business has considerable upside that can be tapped into by leaning on the experienced staff in place and with the advice of the current ownership.
Financing
Seller will consider financing a portion of the purchase price for qualified buyers.
Support & Training
Seller is happy to provide transition support as required and seeks to facilitate a positive transfer! As a local in the area, the Seller will remain nearby and only a phone call away. While some experience in the field is preferred, it is not required, with the most important qualities being passion and enthusiasm for the new entity.
Reason for Selling
Retirement
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Rob
Lewis, MBA, CBI
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Rob Lewis, MBA, CBI