In-Home Flooring Business

Smyrna, GA (Cobb County)

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Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $717,745

EBITDA: N/A

FF&E: $10,000

Inventory: $5,000

Rent: $1,250 /Month

Established: 2016

In-Home Flooring Business

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Business Description

Successful Franchise Opportunity in Strong Territory

Floor Coverings International is the best in-home flooring franchise in North America. Selling quality Hardwood, Luxury Vinyl, Carpet, Laminate, Tile and Area Rugs from the finest manufacturers. The west metro location is the largest Floor Coverings International Franchise currently located in the metro Atlanta, Georgia area. The business opened in late 2016 and has been experienced significant growth since.

* Territory DOUBLE the size of those sold by the franchisor.
* Nearly 250,000 households
* Primarily targeting counties of Cobb, Fulton and Douglas
* YOY growth of 31%
* Business trending up 200% on profit
* 45 Google and 34 Facebook reviews averaging a perfect 5 STARS.
* BBB A+ rating
* Average of 4.7 stars on Home Advisor
* Fully vetted installation teams
* Franchise Headquarters also in the Metro Atlanta Area

Attached Documents


Detailed Information

Location:
Smyrna, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
9/1/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Assumable lease on Office space. Roughly 1600 square feet of office and warehouse space with outfitted showroom and small office or training room. (Lease valid until September 2020) Assumable lease on two newly wrapped, mobile showroom vehicles (2015 and 2019). Franchise transfer fee covered. Current flooring samples and showcase racks. Transfer of website and marketing programs. Three computers and two tablets. Branded Marketing Materials-Yard signs, Door Hangers, Giveaways. Home show and event materials-Branded Tent, Jumbo Jenga, Branded Cornh
Competition:
The metro Atlanta area is a strong flooring market. The franchise is well positioned with the bulk of its territory being within the Cobb county lines, including but not limited to the cities of Marietta and Smyrna. Unlike other franchises, the owner is not restricted to only do work within his or her territory, so personal or other referral business is welcomed. The territory lines designate marketing territory only. Competition is good with our differentiation being quality of product and excellence of service.
Growth & Expansion:
The franchise uses a specific selling system designed to quickly on-board new employees and simplify the buying process utilizing technology to provide in-home quotes while onsite. The location's growth is predicated on scaling with additional mobile showrooms and design associates, so this selling system is key.
Financing:
Earn out negotiable. Financials available with confidentiality agreement
Support & Training:
One or more owners will provide full-time transitional support for a negotiated period of up to six months. Earn out also negotiable. Introduction to referral networking chapters, supplier vendors, material handling companies, referral sources and other relationships crucial to the business. All past customer database records. All necessary financial records.
Reason for Selling:
Owners shifting focus to their other business's growth.
Franchise:
This business is an established franchise
Business Website:
http://www.westmetroatlanta.floorcoveringsinternational.com
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Business Listed By:
Eric Cross

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