Well Established Flooring Store

Palm Beach County, FL
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Asking Price:$199,000
Gross Revenue:$1,986,165
Rent:$10,000
FF&E:$55,000
Cash Flow:$97,741
Inventory:$150,000
EBITDA:$97,741
Established Year:1996
BUSINESS DESCRIPTION

Premier flooring company sells wide selection of carpet, wood, laminate, and vinyl flooring to residential customers in Palm Beach County. Installation is subcontracted out to third parties. Manager and trained staff in place and ready to support new ownership. Seller will also stay on as long as needed to ensure smooth transition. Extensive social media campaign with outstanding online reviews. Current lease only good thru 2024, so buyer will need to move premises (rent of $10K/month embedded in advertised financials). Asking price of only $199K includes $150K of inventory (at cost) in the warehouse and $55K of equipment. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
30 days
Reason for Selling
retirement
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