Turn-Key Profitable 36-Yr Flooring Biz & Property

Bunnell, FL
Street View
Asking Price:$550,000
Gross Revenue:$1,200,000
FF&E:$25,000
Established Year:1986
Cash Flow:$320,454
Inventory:$15,000
Real Estate:$1,400,000
BUSINESS DESCRIPTION

BUSINESS & PROPERTY -Being Sold Seperately. BUSINESS - $550,000 / PROPERTY - $1,350,000. Discounted Price for BOTH together $1.7M. Buyer can either relocate this profitable 36-YEAR OLD business or continue to operate it. Business is profitable and well-established with a bright future. Poperty Purchase includes two buildings and land, all located on high traffic count Hwy 100 in fast growing popular Palm Coast area. Buildings are very modern and well-maintained. Interested Buyers need to sign a Non-Disclosure Agreement (NDA) plus provide proof of funds prior to seeing business financials. NDA can be downloaded from this site or requested from Listing Agent. Property can also be purchased separately for $1.35M.

This business is the established flooring store in Flagler County (1985). Specializing in anything flooring! Customer priorities include top quality products, honest quotes, dependable service & installations. Authorized Shaw Flooring Gallery with the latest in flooring products. Service areas include Flagler County, Volusia County, and St. John's County. The showroom & business office building are first-class with the latest displays and customer planning areas. The warehouse is setup for all products and easy in/out delivery. Business and property are being sold together as a package. Business only buyers are urged to partner with a property buyer, if necessary.


ATTACHED DOCUMENTS
NDA Floors Alive.pdf Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Building SF
3,986
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2,600 sf showroom and 400 sf business offices in single concrete building. 986 sf warehouse with double 15' truck doors. Property size Lot 28,496 sf Parking lot for 15 vehicles
Competition
Highly visible location on very busy Hwy 100 Adjacent to fast growing Palm Coast and nearby Flagler Beach Upscale Customer Base Good mix of single family homes, condos, townhomes Excellent customer base for apartment complexes One smaller competitor
Growth & Expansion
Growth at 20%-25% per year and increasing. The market is receiving new homeowners daily with a constant turnover in apartments, condos and single family homes. This is not going to change. Demand for new floors is increasing.
Support & Training
Sellers will stay on as consultants during first 30-90 days to help in the buyers transition.
Reason for Selling
Retirement

BUSINESS LOCATION
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Robert Brewster
Watson Realty Corp.
Robert Brewster