Very Profitable & Successful Flooring Business w/ Option RE, E Houston

Pasadena, TX
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Asking Price:$250,000
Gross Revenue:$540,000
Rent:$4,500/Month
Established Year:2008
Cash Flow:$155,000
Inventory:$30,000
FF&E:$155,000
BUSINESS DESCRIPTION

BUDGET BUSINESS BROKERS: This is an owner operated flooring business. It was established and run by the current seller since 2008. This flooring business is very well established and well-run. It has loyal and repeat customers. It has been open at the same location since 2008. They are retailers and wholesalers of all kinds of flooring, walls, kitchen, and bathroom materials including tiles, hardwood, laminate, carpet, marble, ceramic, porcelain etc. They not only supply flooring materials but they also provide installation services to retail customers. For 2023 the total sales was about $377K with SDE of about $69K, half one of 2024 sales 270K with SDE of about $85K. The projected total business sale for 2024 is $540K with an SDE between 155K-160K. The seller who is also the building owner will consider selling the property with the business to the right buyer. The property is about 5000 SF sitting on about half an acre lot. The combined asking price for the business and the property is $1.6M. Please note, the seller is not entertaining offers on the property only. They are accepting offers for the business only or business and property combined.


DETAILED INFORMATION
Location
Pasadena, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,686
Lease Expiration
30/04/2026
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Shopping center
Growth & Expansion
Builders
Support & Training
4 weeks
Reason for Selling
Other business
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Nicole
Sabbagh
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Nicole Sabbagh