Well established Floorcovering and Kitchen & Bath showrooms, 2
| Asking Price: | $1,275,000 |
| Inventory: | $250,000 |
| EBITDA: | $480,000 |
| Established Year: | 2000 |
| Gross Revenue: | $4,500,000 |
| Rent: | $10,000/Month |
| FF&E: | $400,000 |
Listing ID: 2279189Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established in 2000. We provided "material only" Flooring, Cabinets and Supplies to our Members and their clients. We have an excellent staff at our two locations and you have excellent support from our national franchiser.
The Owner is retiring, creating an excellent opportunity for you to take over a profitable, low maintenance business that eliminates the the biggest headache in the construction industry, Labor! This is a great business that has room to expand, either way you will be set for life.
Possible owner financing of a $500,000. Multiple year financials for a serious buyer with a NDA.
DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
13,000
Lease Expiration
31/10/2025
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two very large showrooms 13,000sf each with everything you need to operate, displays, computers, racks, lift trucks, turnkey.
Competition
Our market covers the Metro Detroit area and nationally we are the largest flooring supplier to trade professionals.
Growth & Expansion
You are buying two established locations for less than opening new location!!!!
Room for two more locations in the metro area.
Support & Training
The staff is incredibly well trained and you have full franchise support with onboarding, training and marketing.
Reason for Selling
Time to retire and travel!
Franchise
This business is an established franchise
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