Profitable Flooring Company
Grand Rapids, MI Kent County
Greater Grand Rapids
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- RE: Profitable Flooring Company
- Contact: Small Business
Quick Facts
| Asking Price: | $350,000 | |
| Annual Revenue: | $945,169 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $139,721 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $54,653 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 3 | |
| BBN Listing #: | 985367 | |
| Broker Reference #: | 872 |
Business Overview:
This Profitable Flooring Company is a Franchise that started in 2018. 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 owner is seeking to sell the Business to allow for new ownership to oversee its continued growth.
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Property Features and Assets:
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 Company leases a warehouse 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.)
Market Competition and Expansion:
Investment Highlights Include:
(1)Â Â Respected Company
(2)Â Â Low Overhead, High Margins
(3)Â Â Turn-key Business
(4)Â Â Franchise Support
Growth Opportunities:
(1)Â Â Large Geographical Territory
(2)Â Â Increase Marketing
Strategic B2B Partnerships
Reason for Selling:
Ownership is seeking to pursue other ventures.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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