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Highly Profitable Floor Covering Storefront

The low overhead store sells carpet, wood, laminates and tile. Installation done under the owner’s license through sub-contractors. They are the low priced leader in the area with some customers buying on a cash and carry basis. The company offers a wide product selection with low prices. Profitability is strong due to their purchase of remnants and roll-ends and their extremely low overhead. They are also generating internet sales with two websites and can have their suppliers drop-ship directly to their customers.

The business caters to home-owners (90%) and contractors with 20% of revenues from repeat and referred customers.

Year Established: 2006

Employees: None

Facility: 1,120 square foot warehouse/showroom at a total lease cost of $1,178/month, including CAMs and triple nets, expiring May, 2011. An alternative 3,000 square foot space is available in the same center.

Price Includes: Tenant improvements, office and furniture. Inventory of $15,000 included

Support/Training: Seller will provide training.

Reason Selling: Has started another business.

Asking Price: $ 69,000

Gross Revenues: 638,900

Seller’s Discretionary Earnings: 59,700

For more information on this business opportunity, please contact us.