Floor Covering Business For Sale
Location Illinois,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $4327000
Net Profit / Cash Flow $487000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1950
Number of Employees 10 - 19
Inventory 303392
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training As needed
Reason for Sale Retirement.
Description COMMERCIAL BUSINESS: Floor Covering: Since 1950 this family business has been providing professional quality floor covering sales and installation to Central Illinois. Purchasing the current location in 2001, sales for the past several years have been consistently over $4 Million and exceeding $400K of Owner Benefits. The full time Superintendent / Estimator can stay on to handle day-to-day crew scheduling and job quality assurance, allowing the new owner time to increase business through already identified avenues. The 11,000 square foot (+/-) buildings containing 1,500 square foot (+/-) of office space are offered separately at $550,000. The Seller insists on providing the smooth transition necessary to ensure the future success of the business.
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