Eastern Michigan Commercial and Retail Floor Covering supplier

MI

Eastern Michigan Commercial and Retail Floor Covering supplier
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Asking Price: $2,725,000

Cash Flow: $746,063

Gross Revenue: $6,947,228

EBITDA: N/A

FF&E: $150,000

Inventory: $1,150,000

Real Estate: $3,000,000*

Established: N/A

*not included in asking price.

Eastern Michigan Commercial and Retail Floor Covering supplier

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Business Description

Independently owned, multi-location Commercial Floor Covering (65% of sales) and Residential Floor Covering (35% of sales) retailer. This is an established company with outstanding brand reputation. Combined revenues for all 3 locations was approximately $7 million with cash flow of approximately $750,000 in 2017. Business for sale for $2.725 million and the real estate is also for sale for $3.0 million for a total purchase price of $5.725 million. Leasing the real estate is also an option.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Negotiable
Reason for Selling:
Retirement
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Ed Krajcir

Business Listed By:
Sunbelt Business Brokers Wisconsin

Sunbelt Business Brokers

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