10 Year Established Flooring and Remodeling Company

Arlington, TX (Tarrant County)

Seller Financing Available
10 Year Established Flooring and Remodeling Company
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Asking Price: $149,000

Cash Flow: $123,310

Gross Revenue: $473,832

EBITDA: N/A

FF&E: $35,000

Inventory: N/A

Established: 2009

10 Year Established Flooring and Remodeling Company

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Business Description

10+ year established home design store and showroom featuring hardwood, tile, flooring, remodeling, and much more is available for acquisition. This business was established by current owner more than 10 years and has been at this location since 2009. This business is located near heavily surrounded residential area in a 2,350 SF strip center in a shopping center that is highly visible. The huge space has full showroom with hundreds of displays and samples for different materials and home needs. This all in one shop provides carpeting, laminate and hardwood flooring, tiles, granite countertops, cabinets, and bathroom and kitchen remodeling at affordable price. Competition is expected for this type of business as the metroplex is booming with new housing and residential units, but for the last 10 years, the sales have been consistent. The average monthly sales have been around $40,000-$45,000 without much proactive marketing and mostly from repeat customers and word of mouth. This business has built a strong clientele overt the previous 10 years due to quality materials, unbeatable price, and second to none service. This business serves not only the area the business is located in, but all over the metroplex up to 40 miles radius of the business. There are many more ways to market the business other than Facebook and online reviews. The business could generate much more revenue by concentrating more on social media outlet and online presence as well as its own website. The business could also focus on traditional marketing by mailing out flyers and working with HOA of the surrounding sub division. This business is well established and already has strong customer base and with an owner who is more proactive in marketing will be able to reach its full financial potential.

Listing ID #000846
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Location:
Arlington, TX
Inventory:
Included in asking price
Employees:
6FT/4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in 2,350 SF retail strip with a full showroom in a densely populated area. There are numerous racks and shelves with substantial amount of samples for all flooring and carpeting needs.
Competition:
There are few in the immediate area, but it has not affected the sales in anyway due to loyal and return customers. This business provides on time service, exceptional customer service, high quality materials, and warranty on its labor.
Growth & Expansion:
The current owner does not spend much money and effort in online and social media marketing. As online presence is crucial and is becoming more important, the new owner may need to be more proactive in this area of marketing to create more exposure. As job is scheduled based on the availability of the material from the vendors, the new owner may benefit in terms of increasing revenue instantly by stocking up on some inventory for immediate job order for the customers.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Burned out / Other opportunities.
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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