Retail - Home Furniture & Furnishings

Asking Price	Not Disclosed	Inventory	$253,000*
Gross Income	$2,382,000	Real Estate
Cash Flow	$396,000	Year Established	1972
FF&E	$68,000*	Employees	6 FT w/owners

* included in the asking price

** not included in the asking price

Our client is a full-service floor covering retailer with cleaning and installation services. The wide array of products includes carpet, tile, wood and flooring supplies. The Company s cleaning and installation services generated 25% of revenue in 2007. Their selection includes major brands which allow the Company to meet the high-end needs of its customers. The Company s knowledge base has been built over 36 years of doing business. The Company offers a personable level of service, quality installation, and low prices. This has driven their success and is evident in the 80% rate of repeat business. This business represents a sound investment as a stand alone purchase or as an opportunity for entrepreneurs to expand their own company and geographic area.

Facilities: Three facilities (showroom, warehouse, storage) total 10,443 square feet and are leased from related third parties.

Competition: In the Company s market, there are no other direct floor covering retailers. Customer segments include residential, commercial contractors and government agencies within a 60-mile radius. The commercial and government business has grown due to competitive pricing and quality work. Marketing efforts are primarily focused around radio and phonebook advertising. The Company relies largely on its name and reputation.

Growth/Expansion: Current contracts will carry the Company through 2009. The residential housing market is expected to increase production by 2010 which will help drive future revenue. As the market for high-end products and commercial installation continues to grow, so will the opportunities for this Company. Buyers with existing background in the industry and a well-conceived marketing program can take advantage of the Company s name recognition to expand beyond its current geographic area and pursue additional government contracts.

Financing: None

Support/Training: Management will remain through transition. Assuming favorable deal structure and compensation, management has expressed a willingness to remain with the Company under new ownership for a period of two to three years.

Reason Selling: Retirement