Retail - Blding Mat., Hardware, Garden

Asking Price	$950,000	Inventory	$15,000**
Gross Income	$1,230,112	Real Estate	$500,000*
Cash Flow	$188,760	Year Established	1984
FF&E	$100,000*	Employees	9

* included in the asking price

** not included in the asking price

The Floor Store is located on a numbered road. It has been at this location since 1984. The warehouse is at a different location. The flooring store offers a variety of all types of flooring. The majority of the business is commercial accounts. 25-30% of the business is residential. 70-80% of the business is done over the phone. The showroom building is approximately 4016 square feet. In this building is the showroom, Salespersons office and the owner s office. This has on street parking only. The warehouse is approximately 4425 square feet. It is used to store carpets and supplies. There is a loft and three offices in this building. On this property there are three in-ground oil tanks that may need to be removed. There is parking in front and back of the building. There are nine employees, which include a manager and installers. Most of the employees have been there for 10-20 years. There are some subcontract installers that are used for hardwood flooring. The owner works approximately 30 hours per week. He mainly oversees and may do some estimates. The hours of operation are Monday thru Friday 9 AM 6 PM and Saturday 10AM 3 PM. They are closed on Sunday.

Support/Training: What ever is reasonable

Reason Selling: Retiring