Seller Financing Available

Asking Price:

$625,000

Gross Income:

$1,095,000

Cash Flow:

$261,500

EBITDA:

$174,500

FF&E:

$122,500.00 *

Inventory:

$145,000.00 *

Real Estate:

$600,000.00 **

Year Established:

1967

Employees:

9

Business Types:

Blding Mat., Hardware, Garden
Home Furniture & Furnishings

** not included in the asking price

* included in the asking price

Business Description

Motivated Seller. This profitable flooring center was established
over 40 years ago. The company offers flooring products,
window treatments, installation, design, and carpet and tile
cleaning. They are located in a privately owned 10,000 square
foot facility in Greater Monroe County, in Western NY State. The
company holds an affiliation with the one of the two leading
carpet producers in the country. They have received top
national awards for performance and have been the subject of
industry articles about their customer service. The staff is
experienced and loyal. The business will be running and
profitable on day one for the new owner.

The current owners have years of experience and are willing to
share the keys to their success, areas of likely growth,
additional services that will add to the bottom line, as well as
areas to avoid. With the footing the company has established
over forty years in its market, they have the ability to acquire
inventory at a competitive advantage, test / offer additional
services, maximize marketing efforts and the like.

The business has been pre-approved by the leading SBA lender
in the country for financing both with and without the real estate.
The real estate is privately held and the owners are interested in
selling it with the business, but can be flexible depending on the
circumstances.

The company performed remarkably during the economic
downturn with a 10% dip from '07 to '08, plateau in '09, growth in
'10 and exceeding all past performance in 2011.

This is a very unique opportunity... profitable, at the top of the
market and continuing to grow, loyal staff, pre-approved
financing, motivated and flexible sellers. Contact Greg Booth to
discuss this further.

Detailed Information

Facilities:

The business includes all office, showroom and warehouse assets. There is a fleet of vehicles, a mobile carpet and tile cleaning system, and installation tools. Real Estate is privately held and available for sale as well.

Competition:

This company has differentiated itself from local competitors, which has contributed to its sustained profitability for over 40 years. They have advantages in product offering, pricing and services. Further details are available.

Growth/Expansion:

There are several areas of great interest to the sellers. They are willing to disclose the basis of their success and the products, services, and potential customers where they see the next growth opportunities.

Financing:

If necessary, seller will hold 10% at 7% over 8 years. SBA Pre-Approval for 80%.

Support/Training:

The seller will provide the buyer 30 days on site training and another 30 days by phone. This is negotiable.

Reason Selling:

Retiring