* Included in Asking Price
60 year history of quality and superior customer service. Home of the famous lifetime installation warranty. Offering a complete showroom with thousands of flooring styles to choose from including tile, vinyl, carpet, laminate, ceramic and hardwood. The current customer base is a mix of new build residential, remodel and commercial clients. By completing all types of flooring projects such as residential, new construction and remodeling projects – this store is working closely with restoration companies like Service Master and Master Care which is producing a great referral source. They have also developed good working relationships with major contracting companies like Beirman Contracting, Shelby Lumber, Ferguson Properties, just to name a few. With a 20% down payment of $18000, a buyer can expect a Net Operation Income (Profit) of $22,716 in the first year of ownership. That is a 126% Return on Investment in the first year. This would be a fully collateralized bank loan available with the above financing scenario.
Reason for Selling: Death in the family
Personnel: 2 Employees, 5 Subcontractors
Hours: Mon – Fri 9:00 a.m. to 5:30 p.m. Sat 9:00 a.m. to Noon
History: 60+ years in Business
Lease: $1,050 per month for 3,000 sq./ft.
Support to Buyer: Financing of 15% and 90 Day Training Period Post-Close
Additional Information: Assets Included in Purchase: $185,767 Equipment: $45,041 Inventory: $104,290 Carpet: $35,600 Vinyl: $38,136 Hard Surface: $13,721 Cleaning Supplies: $992 Sundries: $11,702 Laminate: $4,139 A/R: $36,436 *amounts may vary Location and Service Area: Columbus, NE with services provided to several surrounding communities Demographics: City population 22,630
|Facilities:||$1,050 per month for 3,000 sq./ft.|
|Training/Support:||90 Days transition and support|
|Seller Financing:||15% Seller Financing|
|Sale Reason:||Death in the family|
Seller Reference #CON022
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.