Flooring Company - Successfully Operating For 50+ Years.
Listing Number: 12451-367518
Listing Details
Flooring Company - Successfully Operating For 50+ Years.
Price: $1,100,000
Location: Virginia
- Down Payment: $1,100,000
- Sales: $2,521,311
- Seller's Discretionary Earnings: $403,837
- Inventory: $350,000
- Furniture, Fixtures, and Equipment: $145,195
- Rent: $22,986
- Employees: 9
- Year Established: 1971
- Reason for Selling: Retirement
Business Description
SBA Pre Qualified / Owner Retiring / Priced for Quick Sale
This Central Virginia Flooring company has been serving both consumers and professionals since 1971. Whether the customer is a homeowner, an interior designer, or a new home builder, they are here to select the best flooring to suit the customer's needs.
To ensure a customer's total satisfaction, their professional and courteous staff will assist customers from flooring selection to completion of installation. Not only will customers get the best service, but they will also get the best prices GUARANTEED!
Investment Considerations:
- A premiere, fully Insured, flooring & installation company in Virginia
- SBA Lender Pre-approval status.
- Gross Revenue of $2,251,311 in 2024.
- Seller Discretionary Earnings: $383,280 (weighted 3 year average)
- Reason for sale: Retirement
- Business was established in 1971.
- Excellent reputation in the serving area.
- Better Business Bureau A+ rating.
- 4.3 rating with Angi reviews.
- 4.25 rating with Zip2Biz Business with 35 reviews.
- Great acquisition opportunity for gaining market share, fixed assets (FF&E), and team members.
- The seller is willing to train for 4 weeks after closing.
- $350,000 worth of inventory not included in listing price.
- $145,195 of furniture, fixture & equipment included in the sale including 7 trucks, forklift, binding machine, floor scraper.
To ensure a customer's total satisfaction, their professional and courteous staff will assist customers from flooring selection to completion of installation. Not only will customers get the best service, but they will also get the best prices GUARANTEED!
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