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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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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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