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Asking Price$90,000
Revenue$600,981 Established1956
Cash Flow$35,978 Employees2 full-time
FF&E$45,041* FranchiseNo
Inventory$104,290* RelocatableNo
Real EstateUndisclosed Home-basedNo
* 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.

Other Information
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
Ad #86061
Seller Reference #CON022
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Contact This Seller
Cortney Sells
The Firm Business Brokerage
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