Successful Flooring Business: Real Estate Available
| Asking Price: | $1,000,000 |
| Gross Revenue: | $1,521,091 |
| FF&E: | $22,072 |
| Cash Flow: | $281,459 |
| Inventory: | $226,583 |
| Established Year: | 1998 |
Turnkey and great cash-flowing flooring and carpet company
Fantastic opportunity to acquire a well-established flooring and carpet company that has been successfully serving Steubenville, Wheeling, and surrounding areas for over 20 years. This business has a track record of delivering a solid financial performance. The total income and revenue are based on a 3- year average, showcasing the stability and growth potential of the business. Q1 and Q2 of 2024 indicates a strong start to the year, adding to the business's attractiveness. Real estate can be purchased separately, which is not included in the listing price. This includes a tenant renting one room of the property, rental and party services and an ATM that generates cash flow. The seller is willing to stay on for a year to ensure a smooth transition, providing invaluable insights and training to the new owner.
Other Key Highlights:
-Well-known and established brand: A recognizable name in the community with a loyal customer base.
-Diverse customer base: Serving both residential and commercial clients, ensuring a broad market reach.
-Established and efficient business model: Streamlined operations with reliable supplier relationships that have been built over the years.
-Available showroom: A well-maintained space for customers to view and select products.
For additional information, please contact listing agents Cory Hoffman at 301-529-9025 coryhoffman@fcbb.com.
