Flooring Business Motivated Seller New Price

Houston, TX (Harris County)

Seller Financing Available
Flooring Business Motivated Seller New Price
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Asking Price: $100,000

Cash Flow: N/A

Gross Revenue: $1,114,820

EBITDA: $166,966

FF&E: $15,000

Inventory: N/A

Rent: $2,300 /Month

Established: 2017

Flooring Business Motivated Seller New Price

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Business Description

profitable flooring retailer

Well established flooring business with extremely low overhead and good margins. Cabinets and Granite countertops as well.

Less than 3,500 in monthly overhead in the new location business did over 1 million in gross revenue in 2018 with sellers discretionary earnings above 150K. (without debt payments this number was well over 200K)

Excellent local suppliers with very competitive pricing, good list of sub-contractors for the labor and an excellent online presence with over 60 google reviews and over a 4.5 star rating.

Detailed Information

Location:
Houston, TX
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
4/1/2024
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2300 sq ft showroom and warehouse fully equipped and recently renovated. All displays and furniture included.
Growth & Expansion:
Houston is a large market and opportunity to open extra locations. Current owner has not done any paid Google or Facebook ads. Most leads are generated currently via homeadvisor, thumbtack, and word of mouth. Little marketing budget to speak of potential to really expand sales with more aggressive marketing.
Support & Training:
As needed
Reason for Selling:
pursue other opportunities
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Business Listed By:
Alec

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