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BUSINESSES FOR SALE

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Businesses For Sale   >>   North Carolina Businesses For Sale Categories   >>   

Floor Coverings Franchise For Sale

Location  North Carolina,United States
Asking Price Range  < $250K
Gross Revenues  $227210
Net Profit / Cash Flow  $24191
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1993
Number of Employees  1 - 3
Inventory  19283
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Franchisor will provide training of 1 week. Transfer fee, travel and expenses to be paid by buyer.
Reason for Sale  True retirement.
Description  This established and respected franchised flooring products retailer and installer sells carpet (~75% of sales), hardwoods and laminates (~10% of sales), vinyl (~5% of sales) and area rugs (~10% of sales) at strong margins of 30% to 40% in the Raleigh/Cary area. The franchise fee is $45,000. The franchisor requires a first year marketing expendature of $40,000 and sample purchases of ~$5,000. The value of inventory currently is ~$12,000. The computer, proprietary software and electronics are ~$2500. Great opportunity to acquire an existing business, goodwill, client base with established location and marketing at near replacement cost.
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