Reduced!Commercial & Residential Flooring Co. for sale in North Texas!

Forney, TX (Kaufman County) (Relocatable)

Reduced!Commercial & Residential Flooring Co. for sale in North Texas!
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Asking Price: $479,000

Cash Flow: $250,000

Gross Revenue: $922,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $875 /Month

Established: 2011

Reduced!Commercial & Residential Flooring Co. for sale in North Texas!

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Business Description

Very Unique Opportunity to buy two companies from one owner that caters to two separate markets in the Flooring industry.  Two companies started in 2011and work out of the same showroom location for all flooring needs, hardwoods, carpet, tile and more.  One company serves the commercial sector for the flooring industry and has a great relationship with one of the largest specialty contractors in the market and the other company serves the residential flooring sector.  The two companies combined have grossed on average sales of $900K over the past three years with an average SDE of $250K!  These two businesses are priced to move at only a 2X multiplier with opportunity to expand in both business sectors!

Detailed Information

Real Estate:
Leased
Building SF:
650
Lease Expiration:
N/A
Employees:
2
Facilities:
There is only a leased Showroom with all their vendors samples
Competition:
They are the only Flooring company located around this growing area of Texas. They do and will serve the surrounding area, and within 25 miles you will find other flooring companies.
Growth & Expansion:
There is growth potential for both companies. New ownership could take immediate advantage of starting a website, using the internet and social media along with traditional advertising options. Hiring an additional sales person to call on both institutional customer and residential
Financing:
TBD
Support & Training:
Yes, Four weeks with 20 hours per week or as new owner requires
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tom Diedrich

Business Listed By:
Tom Diedrich

LINK Business DFW

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