High-End Rugs & Cleaning = High-End Profits$$

Cumberland County, ME

Seller Financing Available

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Asking Price:$200,000
Gross Revenue:$1,200,000
Rent:$10,800/Month
FF&E:$75,000
Cash Flow:$300,000
Inventory:$450,000
EBITDA:$300,000
Established Year:1970
BUSINESS DESCRIPTION

Since the 1970's, this well-established niche business sells and services high-end rugs and ancillary merchandise. Revenues exceed $1.2million, available Cash Flow exceeds $300,000. Numerous growth opportunities. Seller financing available.


DETAILED INFORMATION
Location
Cumberland County, ME
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,000
Lease Expiration
31/12/2031
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Equipment, office furnishings, delivery van, computers, etc
Competition
Highly reputable business = well established market position
Growth & Expansion
Numerous growth opportunities for a hands-on owner
Financing
Negotiable
Support & Training
All training & support as needed, including longer-term training/transition for the seller
Reason for Selling
Retirement
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Stephen A. Strand, CPA
Certified Business Brokers of Maine
Stephen A. Strand, CPA