$900k Projected 2024 Profit for Austin Flooring Business LOI in Place
Austin, TX
Sale Pending
| Cash Flow: | $900,000 |
| Inventory: | $130,000 |
| Established Year: | 2014 |
| Gross Revenue: | $9,000,000 |
| FF&E: | $10,000 |
Listing ID: 2292197Listing provided by BizBuySell
BUSINESS DESCRIPTION
Ten year old award winning flooring business with niche referral source on track for 2024 projected sales of $9mm and projected earnings of $900k. Owner is ready to sell and has a great team. Owner is open to continued consulting.
DETAILED INFORMATION
Location
Austin, TX
Inventory
Included in asking price
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There are two showroom locations in the Austin, Texas market area. Two company vehicles and one large box truck. Store leases are available for renewal as required by SBA lenders.
Competition
This flooring business continues to expand rapidly. Their market niche generates steady and growing revenue.
Growth & Expansion
Adding new showrooms and sales people in other contiguous areas would promote accelerated growth.
Financing
Preferred SBA financing is available.
Support & Training
Owner will transition for 30 days as part of the sale. He is available to consult for an extended period as negotiated.
Reason for Selling
Owner ready to turn over management duties and consult as negotiated.
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