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Successful & Profitable Floor Covering Company

Middle TN, Tennessee

Retail - Home Furniture & Furnishings

Asking Price $445,000 Inventory $2000* 
Gross Income $1,363,290 Real Estate $377,000* 
Cash Flow $173,455 Year Established 1997
FF&E $20,000* Employees 2 ft

* included in the asking price

** not included in the asking price

This successful and profitable floor covering business has been established for some 12 years. Over its history, it has become a leader in its market area and has gained a great reputation for service and repeated quality. The area of its location is a growing area and is in the midst of a very desirable business part of the state. As the company has achieved a good, steady growth under profitable conditions, the future holds more of the same for the new owner. The potential to grow this business certainly exists with good marketing plans and with the energy of the new owner. The current owner is willing to conduct and complete a good transition period.

Facilities: This listing offers a complete turnkey operation with two buildings and a small storage building that are connected by a concrete wall/fence and consist of some 12,500 square feet. The property is located in the business area of this community with good access to all directions and an Interstate. The equipment is in good repair and is all the equipment needed to run the operation. Expansion may require some additional equipment. However, if that was the case it would be warranted by the increase in sales.

Competition: The competition of this business exists but for the most part do not hold the high level reputation held by this company. Many of the competing businesses focus only on retail while this listing concentrates on dealing with construction contractors and property management companies as a priority and on retail as the potential growth area.

Growth/Expansion: As the area is growing and as the current owner does not conduct an advertising program of any proportion, the growth potential of this business is good within its home county and the surrounding counties as well. This business is a leader in its industry not only by revenue but by reputation of quality.

Financing: The Seller prefers not to finance the sale of this business.

Support/Training: The owner is willing to stay on for a reasonable transition inorder to conduct training, introduction to major customers, and for consultation as needed.

Reason Selling: Other business interests.

AD # 397233

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