Premier Floor Covering Store

Pinellas County, FL

Seller Financing Available
Premier Floor Covering Store
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Asking Price: $399,000

Cash Flow: $212,078

Gross Revenue: $1,492,152

EBITDA: N/A

FF&E: $108,757

Inventory: $33,000

Established: 2001

Premier Floor Covering Store

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Business Description

This flooring store provides the complete customer experience. A wide selection of flooring; hardwoods, tile & stone, vinyl tile & plank, and carpet. The knowledgeable staff assist with selection. The installation is handled by trained experts. Financing is available. The company is part of a national association that provides vast access to flooring materials at favorable pricing. The association also offers benefits such as; training, product information and networking with other flooring store owners across the nation.

Detailed Information

Location:
Pinellas County, FL
Inventory:
Included in asking price
Employees:
3 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located on a prime busy street with high traffic counts. The small strip center has been updated and has a clean, professional appearance. The real estate has the same owner as the business and is available separately. Displays are carefully laid out to give a comfortable customer experience. Samples are current and representative.
Competition:
Flooring is not easily ordered on the internet. Shipping is expensive, and it requires installation. There are several other flooring stores within a 5 mile radius of this location, including Home Depot and Lowes. To be competitive, this store offers; an unmatched selection of flooring, staff are trained flooring experts and professional installation. Also, a variety of financing options are available.
Growth & Expansion:
The affiliation with a national buying association provides access to virtually all vendors, including private labels. And at favorable costs. It also provides; training for the owner and staff, advertising opportunities and consumer financing. This provides an independent store the buying power and resources of a national association.
Financing:
$39,900 down/$30,100 for 60 mos. @ 9%/Other Financing.
Support & Training:
Will train for 4 weeks @ $0 cost. A complete selection of flooring materials are offered; tile & stone, hardwood & laminate, vinyl tile & plank, waterproof laminate and carpet - including pet friendly. The staff has been trained in the different products, and provide design and selection service. Professional installation is provided by reliable crews, some that have been with the company for 18 years. In addition to business licenses, owner has contractor licenses in two counties.
Reason for Selling:
Family Medical Issues.
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Mark Purtee

Business Listed By:
Mark Purtee

Murphy Business & Financial Corporation

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Sponsoring Broker:
Murphy Business

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