This 25+ year-old flooring retailer/installation and remodeling business has great profitability and is pre-approved by a SBA lender.
Home improvements is a multi-million-dollar-industry.
This business has steady revenues in excess of $2.2 million and owner benefit that exceeded $300,000 in 2021 (and over $500,000 when adding in real estate component). Given the owners motivation to retire, the business is being offered at a 1x multiple of owner benefit ($300,000)
Even with challenging market and supply conditions brought on by COVID-19, this business has proven its resistance and even increased in both 2020 and 2021.
What truly sets this business apart is their commitment to customer service... the attention to detail with every customer has helped the owners build a sound business with strong repeat customers and a great reputation in the marketplace.
The business features a best-in-class showroom. Customers are truly able to experience and enjoy a visual of what different coverings will appear like in their home, while being able to receive consultation from a staff of flooring experts.
Inquire today to learn more about this incredible opportunity! As a condition of sale, both the business AND real estate are being included together. The real estate price is $2,000,000 (total price of business and building is $2.3 million). SBA Bank financing for qualified buyers is available with a $265k down payment.
The mature industry, excellent reputation in the market, status as a warranty repair expert, loyal customer base, healthy owner profits and opportunities for growth combine to make this an attractive and rewarding business opportunity. Inquire today to learn more!
Seller Reference #MINNEMN001-N1842
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