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Profitable commercial floor covering business poised for growth.

Oklahoma City, Oklahoma (Oklahoma County)

Services - Other Miscellaneous services | Services - Other Business Services

$Seller Financing Available

Asking Price $675,000 Inventory $12,757** 
Gross Income $364,000 Real Estate  
Cash Flow $300,000 Year Established 1978
FF&E $88,175* Employees 4

* included in the asking price

** not included in the asking price

Profitable commercial floor covering business that provides its current owner with a good stream of disposable cash flow. The right owner could take this business to new heights and realize its true potential. The company is well-established, has a good reputation, solid vendor base and key employees that understand the market. The seller is willing to finance up to 50% of the sell price to a qualified buyer.The company has positioned its self well in its competitive arena and has a sizable amount of business in progress and in the pipeline.

Facilities: Property is located on a 3/4 corner lot in an Industrial Park. There is approximately 6,000 square feet of office and warehouse space. The property is not included in the price of the business but the owner would entertain a lease purchase deal for the building and property or would negotiate selling it out right to the new owner.

Competition: The company is in the top 1/3 of firms in its market space. They have been in business since 1978 and have a well established customer base. They bid on most of their jobs and currently have over $500,000 of work in progress and continue to proactively bid on new projects. There market is primarily Property Management firms, Government, and Commercial and Residential Builders.

Growth/Expansion: The current owner believes the business could double by adding 2 sales people and investing approximately $25,000 in software to bid the jobs more efficiently. The market is fairly large because any Commercial office building could be a potential client. Despite the economic downturn the company is on target to do over $500,000 in sales in 2009 than it did in 2008.

Seller Financing Available: Yes

Support/Training: Seller will provide 8 weeks of training to the new owner.

Reason Selling: Owner is retiring.

Business For Sale By

Dennis Martin

(918)630-3105

Austin-Taylor & Associates

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