Rare opportunity to own a premier location for a top flooring retailer serving the most elegant homes in the community, leveraging long-term relationships with top designers and reaping the benefits of repeat business from third-generation clientele. After more than 50 years in the business, the owner is selling to retire. In recent years, the owner has employed a Store Manager so that he/she could run the business mostly absentee. A new owner/operator could step in and potentially increase sales and improve the bottom line.rnrnSales were more than $3.8 million in 2016 when the owner was more active in the business. The business leases a large, beautiful showroom, and the Seller owns a 6,000 sq ft warehouse with office space a few blocks away. The warehouse is available for sale. Although this is a franchise, there are no royalties. The franchisee pays a $6,000 annual fee for the name and to benefit from the volume buying agreements the franchisor has negotiated with more than 130 vendors. About 80 percent of the products sold in the store are private-labeled, which helps maintain high margins.rnrnSkilled installation is 100 percent in-house, not subbed out. Growth could come from extending the store operating hours, pursuing commercial accounts (current business is residential only), and/or adding ceramic tile and hardwood.