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Well Established Retail Floor Covering Store
Location: United States -> Florida -> Daytona Beach
Industry: Retail > Home and Garden Retail




Business Summary

Well established retail floor covering in store in the heart of Daytona Beach directly across the street from the Daytona International Speedway. With constant exposure during all race weeks, bike week, and spring break not to include being on International Speedway Blvd (u.s.92) the main vain of Daytona. This business has been a local favorite since 1993 being the major ''box'' stores biggest competition in floor covering and being one of Volusia county's most successful retail flooring stores. Most of the business is repeat, referral, and repeat contractor business specializing in tile, laminate, hardwood, carpet, stone, glass, hand painted, and specialty mosaics. Business has operated on collected funds for well over the last 2 years with not one penny being borrowed from bank. Company is very stable being one of the few flooring stores showing a gain in a down economy. Asking $650,000 which could easily be re-vamped within the first 3-5 years of business with the right ownership and staff. Current staff is maintaining a 41.3% profit margin. For more details on this Floor Covering Store for sale, email or contact Rob at 321-460-6754 and we are also on facebook. Customer base is a very loyal base that will continue to make you successful. Also willing to negotiate terms on sale, feel free to make offer. Need to sell a.s.a.p.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,475,000
Cash Flow:   $600,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $30,000
Seller Financing:  No

About The Business

Year Established:  1993
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Will be provided to new management for first three months of business to familiarize existing clients.
Reason For Selling:  Venturing into new business.




Print Listing Id: 700122361
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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