Retail - Home Furniture & Furnishings | Retail - Blding Mat., Hardware, Garden

Asking Price	$129,000	Inventory
Gross Income	$829,634	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Urgent Situation: Flooring Dealer Distress Situation

Because this is a distress sale, the owner will consider any quick offer. If you re looking for a bargain due to the current economy, this is it. This 50-year old company with an outstanding reputation was doing almost $2 million in revenue as recently as 2005; however, the recession has hit this business hard, and the owner must sell. There is absolutely no doubt that the company s revenue and profits will return to historical levels (and grow from there) once the economy recovers. But this is an urgent situation and must be acted upon quickly if you want to take advantage of this rare opportunity to buy a 50-year old company with an outstanding name at a rock bottom victim of the economy investment. For additional details, please pick up the phone and call William Bruce at (251) 990-5910 or (251) 626-4949.

Facilities: Highly visible location in well known shopping center. 8,000 SF at $9.25. Same location for many years.

Growth/Expansion: The company is located on the Central Gulf Coast in the Mobile / Baldwin area. Moody s Research Group recently predicted that the Mobile economy would have the fastest growth rate over the next five years of all 363 metro areas in America! Additionally, Mobile was named by Entrepreneur Magazine as the number one city in the U.S. to start or grow a business. The Baldwin County market was recently ranked as the 11th strongest micropolitan economy in America and the number one local market in the 6 state region!

Support/Training: The seller is committed to a smooth transition to a new owner of the 50-year old company and will spend whatever time and effort is needed to train a buyer in all aspects of the business.

Reason Selling: Financial