HSC Established flooring retail/instalation Co 5M sales retirement

Duluth, MN

Seller Financing Available

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Sale Pending
Asking Price:$950,000
Gross Revenue:$4,500,000
FF&E:$200,000
Established Year:1988
Cash Flow:$367,000
Inventory:$600,000
Real Estate:$1,000,000
BUSINESS DESCRIPTION

Name Brand flooring store 5M sales

Very well-established flooring retail store selling everything from flooring, carpeting, cabinets,
countertops, and fixtures, with experienced sub-contracted crews to do the installations. very stable business with sales consistently in the 5M range.Full training and /or consulting available.


DETAILED INFORMATION
Location
Duluth, MN
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
24,000
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Awesome showroom/distribution center with fully trained staff to greet your customers 18,000 main building along with an additional 6000 sq ft warehouse. Truly a turn-key operation with great access,paring and visibility from the highway.
Competition
Largest business of this type in the area with many repeat customers and great relationships
Growth & Expansion
Good growth in the area with many people working from home/cabins creating growth in the industry.
Financing
possible seller financing in combination with bank/SBA financing
Support & Training
full training with the possibility of one of the Sellers staying on for a couple of years
Reason for Selling
retirement
Franchise
This business is an established franchise
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Jerry
Vlaminck
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Jerry Vlaminck