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34691 Flooring & Carpet

Illinois (Boone County)

Services - Other Miscellaneous services | Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price $395,000 Inventory $29,400** 
Gross Income $300,000 Real Estate $250,000* 
Cash Flow $26,000 Year Established 1955
FF&E $45,000* Employees 3 ft, 1 pt

* included in the asking price

** not included in the asking price

Established in 1955, current ownership began in 1970. Primarily this business focuses on residential work. The installation of flooring, carpet, laminate, vinyl, ceramic and wood flooring accounts for 65% of total revenues. Paint and wall-paper contracting make up 20%. The remaining 15% stems from window treatments and miscellaneous expenses. Their owner certified installers prove time and time again that customer service is still a priority. There is very little local competition. Currently open 6 days a week, there are 3 full-time and 1 part-time employees. This is a great business for any serious buyer! To learn more about this installation company, please contact one of our representatives today! You don t want to let this one pass you by!

Facilities: This 5090 square foot facility is owned and included in the sale of the business. Situated on approximately acre, there is plenty of room for expansion at the current site. Built in 1955, this structure is in good overall condition. A new roof was put on in 2003. City street frontage with high traffic and good visibility make this location perfect for this business!

Competition: There is very little competition.

Growth/Expansion: Growth and expansion can be attained through the hire of an outside sales person. Working with the Chamber of Commerce, Industry and architects would bring in more business. Additional profit center that would increase overall revenues include vacuuming cleaners, professional floor and carpet cleaning, area rugs and oriental rugs.

Seller Financing Available: Yes

Financing: Some owner financing possible to the right buyer

Support/Training: Owner agrees to stay through a reasonable transition period.

Reason Selling: Retirement

Business For Sale By

Joe Burleson

972-331-7540

IAG

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