30YR Old Carpet & Flooring Store!!

West Palm Beach, FL (Palm Beach County)

Seller Financing Available
30YR Old Carpet & Flooring Store!!

Asking Price:$350,000

Cash Flow:$88,995

Gross Revenue:$1,178,445

EBITDA:N/A

FF&E:$50,000

Inventory:$150,000

Rate/Sq. Ft.:N/A

Established:1985

30YR Old Carpet & Flooring Store!!

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Business Description

Long established flooring store on a main road in a free standing building in West Palm Beach.This premier flooring company carries an extensive selection of all types of flooring including carpet, hardwood, vinyl, and laminate. This business was established over 30 years ago and has an excellent reputation in the community which provides an ongoing source of new and returning customers. They have their own in-house installers and work on commercial, residential, schools, churches and industrial accounts. Owner willing to stay for an extended period of time to insure a smooth transition. Sales price includes over $150 thousand dollars in inventory!!!
Great books and records. Real Money Maker!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
4,800
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,800 square feet at $5,140 a month. Stand-alone building with great access and visibility. Beautiful showroom and warehouse.
Competition:
This business has established its reputation for over 30 years and has a huge percentage of repeat business and referrals.
Growth & Expansion:
Owner does hardly any advertising. Business is closed on Wed and Sunday so owner can relax, you open six or seven days and watch sales soar!! Store is open only on Mon, Tues, Thurs, and Fri 9am to 5pm and Sat 9am to 12pm Business has no online presence. Store does not sell tile. Add tile to increase sales!!
Financing:
$200,000 at 6% for 60 months
Support & Training:
60 days at no cost to buyer
Reason for Selling:
Retirement

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Peter Picciano

Business Listed By:
Peter Picciano

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