Upscale Rug Business For Sale
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $415000
Net Profit / Cash Flow $117000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Inventory 400000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Owner is willing to train for up to 3 months so new owner is acclimated to business.
Reason for Sale Owner is 61 years old and is retiring.
Description This business has been open for 12 years in the same location. This business imports upscale rugs from countries around the world. They have an excellent product, great reputation, and loyal clientele. Owner pays his son $4,000 per month, so the new owner could combine the owner's salary and owner's son salary and net $150,000 per year.
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