Owner...says...sell ...sell now!

Lihue, HI

Seller Financing Available

Tile, Carpet, Wood, All Types of Flooring
Asking Price:$229,000
Established Year:2015
BUSINESS DESCRIPTION

The company maintains a high-traffic showroom that allows customer interaction and a place to see samples before making a purchase. They provide sales, service, and installation of all their products. Market consists of both commercial and residential opportunities.The company provides sales, service, and installation of all their products. They also do some decorative work. The customer is attracted by their excllent location and signage plus variable radio advertising. The relationship usually starts with a visit to the showroom. Various samples are available for inspection and selection. All floor coverings are offered from wood to vinyl and everything in between. The company has a separate warehouse for selection storage and a working area for installers. The warehouse allows owner to buy popular inventory and store for immediate sale. This business requires licensing with the State of Hawaii for the owner and the installers.

The owner is willing to offer their license until such time as the buyer is properly licensed. A proper NDA will need to be signed for complete information.

Company sales are just shy of two (2) million dollars. The company maintains a 59% down with orders. Purchases are shipped upon receipt of the deposit. This policy provides outstanding cash flow. This sales model insures an excellent cash flow, minimizing the need for working capital. Selections are shipped from the Mainland or Oahu wholesalers. Owners are anxious to move on and will have a very open mind to offers!


DETAILED INFORMATION
Location
Lihue, HI
Inventory
Not Included in asking price
Employees
15
Facilities
Showroom, warehouse, vehicles, etc. complete asset list will be provided upon signing NDA.
Competition
Company provides sales and installation for both the Commercial and Residential Markets. Home Depot is the major competitor but they do mainly the DIY market. Many customers come here for installation advice and tutlage, giving the sales staff fresh leads.
Growth & Expansion
Company uses radio advertising to promote business. This covers the entire island and all markets. Kauai is fast becoming the known secret of the islands. Growth happens on a dalily business. This growth stimulates the flooring market. The existing market has been around long enough to require busilding owners to replace flooring both because of wear and tear and updaing "the look" of their property.
Financing
Seller may consider some financiing but be prepared to be underwritten in a professio
Support & Training
Owner will stay on until all necessary licenses are obtained.
Reason for Selling
Relocation to the Mainland
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Russ
Rodgers
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Russ Rodgers