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Asking Price$95,000
Revenue$342,415 Established2010
Cash Flow$35,076 Employees1 full, 1 part
FF&EUndisclosed FranchiseNo
Inventory$50,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a well established, Livonia area flooring store that specializes in carpet sales and installations. Customers are from both Oakland and suburban Wayne County. Most business is replacement customers. The installers are all independent contractors. Over 90% of business is residential and approximately 10% is commercial. Cash flow is to an owner-operator and there is substantial room for improvement. This is ideal for partners who could greatly expand the business.
The equipment included in the asking price is a 2005 GM extended van, carpet cutting machine, carpet binder, propane hi-lo, all industrial racking, all office equipment including computer system, customer files database signs, displays, samples, etc. Owner will assist the new buyer during the transition. Call Armen Nazarian @ 248-855-7753 or visit www.armennazarian.net
Training/Support:Seller will train
Seller Financing:$95,000 with $25,000 down, 7% int., amortized over 84 months
Sale Reason:Other career opportunities
Ad #57232
Seller Reference #1897
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Contact This Seller
Armen Nazarian
Capital 1 Business Brokers
(248) 855-7753
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