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Well Established Seattle Based Flooring Company
Location: United States -> Washington -> Seattle
Industry: Retail > Home and Garden Retail




Business Summary

This account-based flooring business specializes in the COMPREHENSIVE DESIGN, Sale and installation of flooring products including vinyl flooring, linoleum flooring, laminate flooring, bamboo flooring, hardwood flooring, carpets, rugs , tile and granite. The business has an excellent and long standing reputation for providing superior quality flooring products and services. The business serves a wide customer base comprising commercial accounts, new residential construction, multifamily and insurance claims. Highly knowledgeable and experienced staff has been able to establish a distinguished reputation in its market niche.

BUSINESS HIGHLIGHTS:

• Excellent reputation for providing superior quality flooring covering products
• Well established market niche
• Extremely loyal Account based customers
• High customer referral and retention rates of close to 90%
•Growth opportunities exist in increasing business development through marketing activities and expanding storefront, as well as expanding product and service offerings
• Current high income is with a semi absentee owner
•Approximately $100,000 of inventory included in asking price
•Very progressive business with sales growth each year

One of the most active markets in the country forecasted at 30% grown in the next 3 years. Seller has other business interests to which they would like to devote more time and energy. This business has many effortless growth opportunities. A new owner could easily open up the retail side of the business and expand without much effort.

Key employees (including General Manager) have agreed to stay on if needed by new owners. With a full-time owner/operator, payroll expenses could be greatly reduced thus increasing SDE.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $2,821,728
Cash Flow:   $223,068
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $130,000
Seller Financing:  Yes

About The Business

Year Established:  1900
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will negotiate a transition period.
Reason For Selling:  Other business interests.




Print Listing Id: 700224741
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Washington Businesses For Sale > Washington Franchises For Sale > Washington Business Brokers



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