Retail flooring,window treatment ,and custom design

Asking Price$140,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$505,129

Inventory$60,000
Included in asking price
FF&E$70,000
Included in asking price
Real Estate$500,000
Not included in asking price
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Retail flooring,window treatment ,and custom design


Asking Price$140,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$505,129

Inventory$60,000
Included in asking price
FF&E$70,000
Included in asking price
Real Estate$500,000
Not included in asking price
Business Description
Retail store selling flooring and window treatments. Owners also provide in home consultations. The store is open 4 days a week and ran by the two owners working about 35 hours a week
The stores sales were severely impacted negatively by major road construction in each of the last 2 years on the road they are located on. This severely limited customer access. Those road repairs have are now complete. Sales have now improved. Seller is motivated to do a transaction.
About the Business
Years in Operation
5
Number of Employees
2
Facilities & Assets
The 8,000 sq. ft. building is located on a main street of town and has adequate room for parking . It is well maintained with many improvements done recently . It has showroom and warehouse. Areas. Sellers prefer to sell the real estate with the business. Sellers would consider selling it at appraised value.;The sellers would consider a lower price of the business if the real estate is purchased.
Market Outlook / Competition
The store has no competitors in the town it is located in. . Nearest competitor is in a neighboring town several miles a way.
Opportunities for Growth
Sellers believe that more sales could be achieved by advertising. Sales to date have been obtained organically.
The addition of sales personnel would also allow them to be open more that the 4 days they are open currently
Increased traffic in front of the store should result in increased sales. Sellers are looking to obtain fair market for the assets of the business, Expansion also could be obtained by expanding the product offering especially in the home furnishing area.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement of one of the owners.
Transition Support
Sellers will provide support to insure a smooth transition. And would be flexible on the business if real estate is also sold as part of the transaction.
Financing Options
Seller will consider consider some financing to assist an SBA. backed loan. Selle
Listing Info
ID
2220761
Listing Views
974

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Business Listed by: Jack Snyder Snyder Partners inc

Listing ID: 2220761 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.