Asking Price:

$1,900,000

Gross Income:

$488,000

Cash Flow:

$157,400

FF&E:

$18,500.00 *

Inventory:

$30,000.00 *

Real Estate:

$1,700,000.00 *

Year Established:

1998

Employees:

4

Business Types:

Blding Mat., Hardware, Garden
Special Trades

* included in the asking price

Business Description

The perfect business for the right entrepreneurial couple and/or E-2 VISA candidate. The business is a small, but highly regarded flooring, tile and cabinet services provider known for their competitive prices and great service. They are profitable and well positioned for strong growth when the economy rebounds. But that's not all. The business' 1.75 acres sits on a busy major highway and within a quarter mile of a new expressway. Besides the owner's retail outlet and convenient and comfortable owner's home, there is over 26,000 square feet of commercial income property 100% rented and providing a second income stream now and for years to come.

Detailed Information

Facilities:

Value is in the real estate, its residual cash flow and the owner's business and home.. Sale includes 9,840 square feet of retail on busy highway, a 16,456 square foot parts house and a 2200 sf owner residence. The business uses 1500 sf of the retail, the owner lives in the house and the rest of the property is under lease with good tenants.

Competition:

There is competition in the flooring, tile, counter top and cabinet business, but the location is central to Tampa's best housing and new growth. A reputation for reasonable prices and quality service places them in the forefront of competition.

Growth/Expansion:

The business is well-diversified and should grow significantly when economy rebounds.

Support/Training:

30 days at no cost to buyer

Reason Selling:

Retirement