Description of the business for sale
This business is in a prime location with great traffic patterns in an area where Real Estate values are increasing. Don’t be discouraged by last year’s numbers, the scare of hurricane Rita caused this business to miss 8 weeks of revenue. They are back on track and have started this fiscal year with a bang.
The Average Seller’s Discretionary Cash flow stays around $125,000
Business Activity: This premier flooring business is in a suburb of Houston. They have been operating profitability for twenty six years. Client is mostly retail (70%) with some commercial (30%). This business is differentiated by their customer service and attention to quality. Their reputation for quality and great customer service has been ingrained in the employees from the installers to the sales staff which overflows to the end clients. The company has the majority of the market in their local area and is advertised as a premier sales and installer through representation on their supplier’s websites. The business uses full-time contract installers. Because of the company’s reputation and the way the owner treats all those employed by the business; they consistently provide outstanding quality through their ability to maintain the same installers over the last ten years. The local newspaper runs a contest for the town’s favorite businesses and they have been awarded the favorite flooring business 5 out of 7 years that the competition has been running.
Facilities:
The business retail outlet operates in 4,700 square feet under roof and the land area is 31,181 square feet. The building is in good condition due to above average maintenance and upkeep. The building has two restrooms, one public and one private bathroom. The showroom consists of 3,354 square feet of climate-controlled area and the warehouse is 1,346 square feet. The owners would like to sell the real estate with the business but would consider leasing it to the right buyer.
A 560 square foot detach
Description of the facilities
Furniture, fixtures, and equipment = 40000
Furniture, fixtures, and equipment included: N