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Asking Price$495,000
Revenue$1,500,000 Established2001
Cash Flow$240,000 Employees3 full, 6 part
FF&E$85,000* FranchiseNo
Inventory$30,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great opportunity to acquire a well-established flooring sales and installation business in the East Valley. This business has been around for over 20 years and has a great reputation for quality and workmanship. The business is currently being operated by the second generation who took over a few years ago. The family has decided to sell the company to pursue other business interests. Sales in 2021 exceeded $1.5M and were 60% commercial and 40% residential. Year-to-date 2022 is off to a great start with sales through May already approaching $800,000. Great showroom in a high traffic location with hundreds of flooring, carpet, and tile samples. The free-standing building is owned by the sellers and can be leased for $3,500 per month or purchased for an additional amount. This business sale comes with vehicles, forklifts, a carpet cutter, and all of the tools needed to successfully operate. Experienced team of installers varies from 4 to 6 depending on the size of the job. An AZ ROC Specialty Floor Covering CR-8 license is required to operate this business but the seller can serve as qualifying party for a negotiated term. This business has be pre-approved by our preferred SBA lender for qualified buyers with 20% down payment and related experience. SERIOUS BUYERS ONLY PLEASE....All inquiring parties will be required to complete a confidentiality agreement before receiving any additional information.
Facilities:3,000 SqFt; The building is owned by the sellers and can be leased for $3,500 per month, or can be purchased for an additional amount.
Training/Support:2 week training period
Sale Reason:Other business interests
Ad #135988
Seller Reference #11310
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Tony Gonzales
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