| Asking Price |
$950,000 | Inventory |
$200,000* |
|---|---|---|---|
| Gross Income |
1,060,197 | Real Estate |
|
| Cash Flow |
$331,633 | Year Established | 1999 |
| FF&E |
$183,803* | Employees | 7 |
* included in the asking price
** not included in the asking price
This company specializes in all floor coverings, such as carpet, hardwood, vinyl, ceramic tile, etc. and window coverings such as wood shutters, vertical blinds, mini-blinds, etc. 85-95% of the business comes from referrals with the primary source of business being re-model residential. They also attend up to 12 Home Shows per year which generates new contacts and business. C-8 Residential Contractors License is required. Has been family operated since 1999. They started with 1 store front location with a 3-man operation and now have 3 locations and 7 employees. Also included in the sale is a Floor Covering distribution company. They currently have approximately 20 accounts. These are retail stores located outside of the Phoenix area. The sales for this company are not co-mingled with the store sales.
Facilities: 3 Locations include 1 warehouse & 3 showrooms. All locations are fully equiped & decorated.
Growth/Expansion: The Phoenix Metro area is rapidly growing! The sky is the limit with this business.
Financing: $400,000 dn; $550,000 balance; $6,106.13 montlhly; 6% interest
Support/Training: Seller will train for 30 days at no salary. One owner is willing to stay after the initial training period as an employee.
Reason Selling: Retiring

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