Profile: Highly Profitable Floor Covering Storefront,, Fire Sale!
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$69,000 |
| Down Payment: |
$69,000 |
| Annual Revenue: |
$638,900 |
| Annual Adjusted Net: |
$59,700 |
| Price Range: |
$0 to $100,000 |
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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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The Low Overhead Store Sells Carpet, Wood, Laminates And Tile. Installation Done Under The Owner’s License Through Sub-Contractors. They Are The Low Priced Leader In The Area With Some Customers Buying On A Cash And Carry Basis. The Company Offers A Wide Product Selection With Low Prices. Profitability Is Strong Due To Their Purchase Of Remnants And Roll-Ends And Their Extremely Low Overhead. They Are Also Generating Internet Sales With Two Websites And Can Have Their Suppliers Drop-Ship Directly To Their Customers.
The Business Caters To Home-Owners (90%) And Contractors With 20% Of Revenues From Repeat And Referred Customers.
Year Established: 2006
Employees: None
Facility: 1,120 Square Foot Warehouse/Showroom At A Total Lease Cost Of $1,178/Month, Including Cams And Triple Nets, Expiring May, 2011. An Alternative 3,000 Square Foot Space Is Available In The Same Center.
Price Includes: Tenant Improvements, Office And Furniture. Inventory Of $15,000 Included
Support/Training: Seller Will Provide Training.
Reason Selling: Has Started Another Business.
Asking Price: $ 69,000
Gross Revenues: 638,900
Seller’s Discretionary Earnings: 59,700
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
D. Joe Atchison, CBI, CBB, CPA, Broker at 951-277-4002 X303 Non Disclosure Agreement |
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