||Employees||7 full, 1 part
* Included in Asking Price
An essential Business that has seen sales INCREASE during the pandemic of 2020!
This 25-year-old flooring retailer/installation and remodeling business has great profitability.
Home improvements are big business, and the market shows no signs of slowing down. Long term, as more Millennials move into the housing space, statistics are showing that these individuals are twice as likely to renovate the spaces in their homes compared to Baby Boomers.
This business has steady revenues in excess of $2,200,000 million and owner benefit that exceeds $300,000 (it is over $400,000 when adding in real estate component, which is also available for purchase) annually, for several years running. Even with challenging market and supply conditions brought on by COVID-19, this business has proven its resistance and actually increased sales in 2020.
Established in 1995, this business is part of an extensive network exceeding 500 independent retailers in North America. This provides owners with tremendous buying power, giving them access to the widest selection of the finest flooring available, and being able to offer that variety to their customers at competitive prices. But 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 price of $875,000 does not included the real estate. 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. The real estate is being offered for a separate price of $1,860,000.
The current owners are ready to retire. Inquire today to learn more about this incredible opportunity! Bank financing for qualified buyers.
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 Financing:||SBA Financing|
Seller Reference #MINNEMN001-N1842
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