Flooring Company - Pasadena Area
Well established flooring company with a wide selection of name brand and private label carpet, ceramic tile, porcelain tile, natural stone, hardwood flooring, laminate flooring, and vinyl flooring. Beautiful showroom and well equipped. Located in the Pasadena area on a high traffic street with ample parking. The owner and part-time sales staff do the selling. Installation is done by skilled subcontractors. Business is generated by way of customer referrals, internet website, ads in local publications, and mail out program. Ranked high by Angie's List and the BBB. Owner will train as needed.
Background information
Reference:
82458
Year established:
2001
Reason selling:
Wants to buy and flip houses.
Finance
Sales:
$492,672
Profits:
$55,937
Profit type:
Discretionary Earnings
Operations
Employees:
1 Part-Time
Equipment:
Includes floor racks, display shelving, desk, chairs, signs, etc. See complete list in file.
Inventory:
The store has a large display of same flooring, but they do not inventory items. Flooring is ordered from one of several suppliers once a customer order is obtained.
Premises
Facility:
Located in strip shopping center on major highway in Pasadena, TX. This is a good looking retail store with great viability and ample parking.
Square footage:
2,275
Rent and lease terms:
$2,730 + CAM. Lease expires 9/30/21. Lease options to renew are available..
Location:
Pasadena area
Price and terms
Price:
$100,000
Down payment:
$25,000
Financing:
$ 25,000 Cash Down and a new SBA loan for $75,000 payable over 120 months at 7% interest = $832.65 PM.
Training:
As needed