Established Floor Covering Business For Sale

Hamilton, OH (Butler County)

Seller Financing Available
Established Floor Covering Business For Sale
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Asking Price: $849,000

Cash Flow: $50,000

Gross Revenue: $325,000

EBITDA: $50,000

FF&E: $45,000

Inventory: $100,000

Real Estate: $700,000

Established: 1993

Established Floor Covering Business For Sale

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Business Description

Established floor coverings business is now available. This store sells hardwood floors, carpeting, laminate floors, Vinyl floors, Floating vinyl floors and ceramic tiles. Some of the popular names of products sold include Shaw, Mohawk, Florida Tile, Marazzi USA, Mullican Hardwood Flooring, Bella Cera Wood, Fusion and Armstrong Vinyl. The business is housed in a well maintained building with a 3,384 sq. ft. showroom and office area and a connected 12,000 sq. ft. warehouse with 20' high clearance sitting on two acres.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
15,384
Employees:
2FT 5 Installers
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful building with large paved parking area. The building has a 3,384 sq. ft. showroom and office area with a 12,000 sq. ft. 20' high clearance warehouse. The warehouse has 6 overhead door drive in dock areas with one conventional dock with a large overhead door.
Competition:
This business has little competition in the area as this business has an outstanding long-term reputation of quality service. There is a small floor covering business about a half mile away but it does not offer as complete a line up of products and it has a very small low ceiling warehouse.
Growth & Expansion:
The sellers are elderly and have limited store hours. The store is closed on Sundays and Mondays and is open only to 5 PM Tuesday through Friday and until 2 PM on Saturdays. The store could increase sales by increasing the hours of operation.
Financing:
Negotiable with a sizable down payment
Support & Training:
The sellers will work with a new owner for a reasonable time to allow for a smooth transition.
Reason for Selling:
Retirement
Business Website:
http://www.parkerfloorcovering.com
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Contact the Seller

(from currently available funds)
 
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Thomas Holmes

Business Listed By:
Thomas Holmes

Berkshire Hathaway HomeServices Professional Realty

Show Phone Number

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Sponsoring Broker:
David Mussari

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