Home-Based Business Priced to Sell - Reduced by $85,000!

Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

Asking Price	$90,000	Inventory
Gross Income	$466,193	Real Estate	n/a**
Cash Flow	$52,176	Year Established	1999
FF&E	$28,425*	Employees	1 (part-time)

* included in the asking price

** not included in the asking price

Smart investors know that the perfect time to buy is in a down market! Now is your chance to take advantage of the economic downturn and buy this company at a significant discount! Where else can you buy a company that has averaged annual sales of over $450,000 and seller s discretionary earnings of over $50,000 the past 3 years for $90,000? In addition, this company is well positioned to steal even greater market share as the economy picks up thanks to its strong reputation for superior customer service and recent cost reductions which will save over $20,000 per year going forward. This is a home-based company that sells a broad variety of flooring options (i.e., hardwoods, laminate, carpet, porcelain and vinyl) as well as granite tile countertops. This business provides its customers (who are primarily residential homeowners) with the unique experience of having the store brought to them so they can view the showroom quality displays of all the big name brand products (e.g., Shaw, Mohawk, Hartco, Kraus, Mannington, Iberia, etc...) in the comfort of their own home. The owner/operator is only responsible for the sales cycle and then all physical work is performed by professional contractors. Prospective buyers do not need to have prior knowledge or experience with flooring products as the current owner will provide the necessary training. Please note that the buyer has the option to exclude the truck from this business transaction. If the buyer opts to do this, then the price will be reduced by $15,000 which is the truck s estimated value. This would decrease the asking price to $75,000. (Note: The Gross Income and Cash Flow shown above is based on the following weighted average: 50% for 08, 25% for 07 and 25% for 06).

Facilities: N/A - Home based

Competition: This business competes directly with big box retail stores (e.g., Home Depot) and other strip mall flooring stores but none can compete with this company s low prices or customer service. In fact, the combination of this company s unique business model combined with its superior customer service provides a distinctive competitive advantage over other companies. As proof for the claims of excellent customer service, past customers have given this company an A+ rating on Angie s List.

Growth/Expansion: The current owner primarily relies on repeat business and customer referrals so significant opportunities exist to grow the business through an enhanced marketing strategy that leverages all forms of advertising and also offers compelling customer incentives.

Financing: Negotiable - available for qualified buyers at seller's discretion

Support/Training: Seller will provide transitional support and consultation as negotiated to help ensure the new owner's success.

Reason Selling: Owner is ready for a change in lifestyle.