Wood Tile Stone and Carpet Flooring Business

Durango, CO (La Plata County)

Seller Financing Available
Flooring Company for Sale
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Asking Price: $425,000

Cash Flow: $202,821

Gross Revenue: $1,324,993

EBITDA: N/A

FF&E: $25,000

Inventory: $12,000

Rent: $4,250 /Month

Established: 2004

Wood Tile Stone and Carpet Flooring Business

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Business Description

Flooring company offering carpet, vinyl, wood, tile and stone flooring since 2004. The business sells flooring from a large, modern showroom and refers most of the install work out to local installers. A small, but very experienced staff handles the majority of the operations with the owner working around 20 hours a week. The average transaction is about $3,000, which is mostly for remodel work although some new construction sales exist. Cash flow is managed by taking a 50% deposit on orders with the balance due upon delivery. Equipment and facility are in good condition. Owner wants to retire.

Detailed Information

Location:
Durango, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is in a leased metal building with a showroom designed specifically for flooring products. The facility is a freestanding building on highway frontage with excellent visibility, easy access and consists of approximately 5,000 square feet on approximately 2.6 acres. The showroom occupies about 70% of the space with offices and warehouse accounting for about 30%. There is ample customer and employee parking and management estimates the facility is operating at approximately 50% of capacity. The business is operated M-F from 8:00 to 5:00 and Saturdays 10:00 to 2:00.
Financing:
Up to 20% seller carry.
Support & Training:
30 days included.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Charlie Cole

Business Listed By:
Charlie Cole

Cole & Company, Inc.

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