Profile: Floor Covering Retailer, Lake Tahoe, 20+ Yr Reputation.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$390,000 |
| Down Payment: |
$160,000 |
| Annual Revenue: |
$977,000 |
| Annual Adjusted Net: |
$128,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Business Summary: Are You Looking For A Lifestyle Business That Will Allow You To Live And Work In One Of The Top Destination Spots Recognized Worldwide? This Retail Floor Covering Store Has Been Established In The Beautiful Lake Tahoe Basin Since 1986. Offering Installation, Refinishing, And Repair Services For Flooring, Carpet, And Tile, The Store Has A Long-Term Reputation For Customer Service And Expertise. They Have Strong Relations With Top Suppliers And Vendors In The Industry, And Offer Several Exclusive Marquis Products Including “Green” Building Materials.
Facilities: With An Incredible “Main Street” Location In A Busy Tourist Area Of Lake Tahoe, This Business Has Attractive Window Displays, Signage And Product Exhibits. There Is Great Foot Traffic Based On Other Key Stores And Local Restaurants That Are Surrounding The Area. The Current Lease Is Transferable To A New, Qualified Buyer And Expires In Mid – 2012 With Additional Options Available Extending It To 2027.
Competition: This Dealer Has Focused On The Homeowner Market While Other Dealers Focus On Commercial. They Offer A High Quality Of Service And Breadth Of Offering That Others Don’t Even Strive To Meet. The Business Boasts An Impressive Customer List Of Over 2000, Including High Profile Clients, Designers And Many Return Customers.
Support/Training: 80 Hours Over 4-Week Period Immediately Following Coe.
Growth/Expansion: There Are Many Opportunities For Growth Which Include The Expansion Of The Website, Direct Mail To Extensive Client Base And Cross-Selling Of Recently-Added Product Line.
Reason Selling: The Founding Owner Is Ready For Retirement And Would Like To Find A New Owner To Continue The Solid Reputation And Take The Business To The Next Level. A Non-Compete Agreement Is Offered For 5 Years, 30 Miles. The Seller’s Local Rental Property (Value 440K) Is Also Available For Purchase Simultaneously For A Buyer Who Is Relocating.
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Business For Sale Photos
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