Marvin's Flooring Centre

Cumberland, MD
Front of business and included parking lot
Asking Price:$475,000
Real Estate:$300,000
Cash Flow:$126,000
Established Year:1987
BUSINESS DESCRIPTION

Fantastic commercial/residential sale of well-known community business plus additional income opportunity with TWO 1200SF APARTMENTS! Welcome to Marvin's Floor Centre. This woman owned & minority certified business has been flourishing since 1987 with an Avg. annual SDE of 126k… For 37 years, this company has been serving the tri-state area with excellent service. Marvin's is well established in both residential & commercial sales. With little marketing and word-of-mouth sales, Marvin's has set itself as the "go to" spot for your flooring & tile needs. This business includes 8,000 sq. ft. of real estate with parking for 7 vehicles. Showroom space includes carpet, sheet vinyl, hardwood, laminate, vinyl tile/waterproof flooring, and porcelain/ceramic displays. All racks, displays, and equipment convey with the business. Also included are 2 apartments; 1200 sq. ft. each. One apartment is fully furnished & equipped; previously rented for $750.00 per month with water included. The 2nd apartment could be made into 2 apts. As a single apartment, rent was $650.00 per month with water included. Don't miss this opportunity to own a Historic and highly successful business in Western Maryland.


DETAILED INFORMATION
Location
Cumberland, MD
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
8,148
Employees
1
Facilities
Real Estate, parking lot, employee, inventory, applicable paperwork, vendor and customer contacts.
Competition
Number ONE Floor supplier in the Tri- State area.
Growth & Expansion
This business has run net profit since inception with little to no marketing... A savvy business owner with Marketing skill could take this business to the next level...
Financing
Cash or Commercial loan
Support & Training
Owner willing to provide learning assistance along with the employee who's has been with the business for over 20 years...
Reason for Selling
Owner is looking to Retire..
Home-Based
This business is Home-Based

BUSINESS LOCATION
Report an Issue with this listing
Donald White
Donald White