North Florida Floor Covering Store Celebrating 44 Years

Jacksonville, FL (Duval County)

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Asking Price: $529,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $20,000

Inventory: $2,500

Real Estate: $850,000*

Established: 1975

*not included in asking price.

North Florida Floor Covering Store Celebrating 44 Years

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Business Description

There's No Better Time Than Right Now To Make Your Dreams Come True!

If you don't build your own dream, someone else will hire you to help build theirs. After 44 years, it's time to turn my dream over to a new dreamer. With our Economy Booming and more and more people remodeling their homes, now may actually be the best time in the history of America to make owning your own business a reality. The business was established in 1975 and has an excellent reputation in the community and online. This type of business is also perfect for a couple or for the whole family to operate. Read our reviews on Facebook, Google and Houzz. We sell & install carpeting, luxury vinyl plank & tile, ceramic & porcelain tile, engineered wood, shutters and window coverings. All of the installation work is done by subcontract crews that are only paid when they are working. You do the selling and they do the installation.
Store Hours: 10 AM til 5 PM Mon thru Fri and 10 AM til 3 PM on Saturday and closed on Sundays.
There is no state income tax and no snow. Jacksonville offers fresh and saltwater fishing, miles of beautiful beaches for surfing and swimming, hunting and the best health care providers in the country. Historic St. Augustine is only an hour away.

Detailed Information

Location:
Jacksonville, FL
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,000
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 4,000 sf. free standing modern showroom & warehouse is highly visible and located just feet away from a busy highway with easy access for customers. There is an average of 31,000 vehicles passing daily. The building may be rented or purchased separately.
Competition:
Our client base is mid to upper end residential, commercial and local military bases. The closet competition is 6 miles away and they are a lower end roll stocking dealer.
Growth & Expansion:
There are many opportunities to grow the business. There are plans to build 5,000 new homes within 10 miles of our store. We do not advertise but you could. You could also offer carpet cleaning and cabinets to our extensive list of clients. There's nearly a million people in North East Florida. With our pristine reputation, all positive internet reviews and a booming economy, the volume of business should continue to grow for new owners.
Support & Training:
4 weeks of training will be provided in all aspects of the business. Additional training will be available.
Reason for Selling:
Retiring after 49 years in floor covering.
Business Website:
http://www.thecarpettree.com
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Business Listed By:
Herb Mynatt

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