Looking for a buyer.
This Profitable Flooring Company is a Franchise that started in###-###-#### Since then, it has developed into a profitable local Business, known for its customer service and wide selection of products which include vinyl plank, laminate, hardwood and tile flooring as well as carpet. It provides full-service flooring, sales, and installation. Its sales approach sets it apart from other flooring companies.
The Company rents a warehouse with racking to hold pallets of hard surface materials and shelving that can hold 20 rolls of carpet. The facility is approximately 1,000 square feet in size and includes a dock door for semis to use, as well as an overhead door that installers use. The warehouse is leased for $1,000/mo. (The lease includes trash, Wi-Fi, use of forklift, printer, and utilities. The buyer is not obligated to remain at this location and there is no ongoing lease.)
The owner is seeking to sell the Business to allow for new ownership to oversee its continued growth.
Asking Price: $ 375,000
Revenue (Dec. 31, 2024): $ 945,169
Cash Flow (SDE) (Dec. 31, 2024): $ 139,721
EBITDA (Dec. 31, 2024): $ 49,340
Inventory (Jan. 09, 2025): $ 9,140
FF&E (Dec. 31, 2024): $ 54,653
listing type
exclusive representation
exclusive representation
industry
Construction
Construction
location
Grand Rapids, MI, USA
Grand Rapids, MI, USA
revenue
$945,169
$945,169
ebitda
$49,340
$49,340
proposed price
$375,000
$375,000
equipment
$54,653
$54,653
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