Description of the business for sale
This commercial flooring contractor provides an excellent opportunity to purchase a long-standing business with established accounts that can be expanded with increased marketing and sales efforts. The company has a large clientele based almost completely on word of mouth referrals and repeat business, so it presents a strong opportunity to increase sales through new sales and marketing efforts. This company is a comprehensive, full service flooring contractor engaged in commercial, residential, and institutional flooring. Capabilities range from vinyl tile to welded sheet vinyl to carpet and carpet tile, with carpeting comprising the majority of work. The company is especially active in the hospitality and healthcare market through expertise and referrals. Their ability to efficiently install large flooring projects has made the company highly regarded by general contractors. The success of flooring contractors in general is tied to the construction environment, which declined after 2001 but is now recovering and thriving. This company has been in business for 20 years and in its current location since 1986. Their prices are generally lower than the competition, and they provide excellent on-time performance so customers receive excellent value. The business is conveniently located near highways south of Boston, and it is convenient to drive to a variety of worksites in and around the Boston area. The 7,300 square foot building is available, with at a price of $450,000. The property includes a showroom, warehouse, loading dock, offices, storage bay, basement, and parking area for over 20 cars. Equipment, office furniture, computers, and software valued over $58,000 are also included in the sale. After a small decline in revenues in 2004 due to the partial absence of the owner, sales increased significantly in 2005. Last year s revenues were 24% higher than in 2004. Note that the cash flow does not include a deduction for rent.
|
Description of the facilities
Furniture, fixtures, and equipment = 59000
Furniture, fixtures, and equipment included: Y
|