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Established Flooring Store Celebrating 44 Years In Business For Sale

Jacksonville, Florida
Asking Price:
$529,000 (USD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$100K - $250K (USD)

If you don't build your own dream, someone else will hire you to help build theirs. After 44 years, it's time to turn my dream over to a new dreamer. With our Economy Booming and more and more people remodelling their homes, now may actually be the best time in the history of America to make owning your own business a reality. The business was established in 1975 and has an excellent reputation in the community and online. This type of business is also perfect for a coupe or for the whole family to operate. Read our reviews on Facebook, Google and Houzz. We sell & install carpeting, luxury vinyl plank & tile, ceramic & porcelain tile, engineered wood, shutters and window coverings. All of the installation work is done by subcontract crews that are only paid when they are working. You do the selling and they do the installation. This type of business is also perfect for a couple or for the whole family to operate.
Store Hours: 10 AM til 5 PM Mon thru Fri and 10 AM til 3 PM on Saturday and closed on Sundays.
There is NO State Income Tax and No Snow in Florida. Jacksonville offers fresh and saltwater fishing, miles of beautiful beaches for surfing and swimming, hunting and the best health care providers in the country. Historic St. Augustine is only an hour away.
The 4,000 sf. free standing modern showroom & warehouse is highly visible and located on a busy highway with easy access for customers. There is an average of 31,000 vehicles passing daily. The building can be rented or purchased separately.

Further information is available by contacting the seller to request their phone number to discuss the business. If you feel that it is a good match for you, the signing of a non disclosure agreement will be needed before financial information can be released.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Leasehold Rent:

$69,600 (USD) per annum

Lease Rent:
$17 (USD) per sq ft per annum
Location:

The Showroom is located on a busy highway with a daily traffic count of over 31,000 vehicles.

Premises Details:

The 4,000 sf. building is a modern looking free standing building located just a few feet from the busy highway.

Business Operation

Expansion Potential:

There are many opportunities to grow the business. There are plans to build 5,000 new homes within 10 miles of our store. We do not advertise but you could. You could also offer carpet cleaning and cabinets to our extensive list of clients. There's nearly a million people in North East Florida. With our pristine reputation, all positive internet reviews and a booming economy, the volume of business should continue to grow for new owners.

Competition / Market:

The closet competition is 6 miles away and they are a lower end roll stocking dealer.

Reasons for selling:

Retiring after 49 years in floor covering.

Trading hours:

10 AM til 5 PM Monday through Friday and 10 AM til 3 PM on Saturday

Employees:
3
Years established:
44

Other Information

Support & training:

4 weeks of training will be provided in all aspects of the business. Additional training will be available.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

SBA financing is available for the purchase of the business and the building if you choose to purchase it too.

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$2,500 (USD)
Website:
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Relocatable:
This business can be relocated.

Contact Information

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