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Well Established Retail Floor Covering Store
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1475000
Net Profit / Cash Flow $600000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1993
Number of Employees 4 - 5
Inventory 30000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Will be provided to new management for first three months of business to familiarize existing clients.
Reason for Sale Venturing into new business.
Description Well established retail floor covering in store in the heart of Daytona Beach directly across the street from the Daytona International Speedway. With constant exposure during all race weeks, bike week, and spring break not to include being on International Speedway Blvd (u.s.92) the main vain of Daytona. This business has been a local favorite since 1993 being the major ''box'' stores biggest competition in floor covering and being one of Volusia county's most successful retail flooring stores. Most of the business is repeat, referral, and repeat contractor business specializing in tile, laminate, hardwood, carpet, stone, glass, hand painted, and specialty mosaics. Business has operated on collected funds for well over the last 2 years with not one penny being borrowed from bank. Company is very stable being one of the few flooring stores showing a gain in a down economy. Asking $650,000 which could easily be re-vamped within the first 3-5 years of business with the right ownership and staff. Current staff is maintaining a 41.3% profit margin. For more details on this Floor Covering Store for sale, email or contact Rob at 321-460-6754 and we are also on facebook. Customer base is a very loyal base that will continue to make you successful. Also willing to negotiate terms on sale, feel free to make offer. Need to sell a.s.a.p.
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