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Sunbelt of Durham

Franchise Flooring Company In Triangle For Sale

Triangle, North Carolina
Asking Price:
$198,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$405,760 (USD)
Cash Flow:
$66,000 (USD)

Turn-key Franchise Flooring Company available in highly sought after NC Triangle territory. Why start from scratch when you can own this 4-year established business with 5-star reputation and solid track record year over year. The Designated Market Area (DMA) is ranked #11 as one of the fastest growing areas in the U.S. (US News). They sell and install carpeting, luxury vinyl plank; solid & engineered wood; tile, ceramic & stone; and eco-friendly products across many name brands. All of the installation work is done by preferred and trusted subcontract crews.

Currently there is room to grow! Owner is not working the business at full capacity (approx 30 – 35 hrs/week) and there are constant requests for commercial work. An ideal buyer would be someone who is ready to grow the business, take on more employees and add additional Mobile Showrooms.

Sale includes: One Mobile Showroom, fully stocked with 2019 product samples. 333 square foot studio showroom with racks and samples, and $35k in office equipment with 2 established websites to drive traffic. Lease is nominal and opportunity to relocate is available.

Owner is retiring but will provide ample transition time and guidance to the new Owner, along with extensive training from Franchisor. If you would like more information on this business, please contact Broker

Property information

Real Estate:

Lease

Premises Details:

650.00

Size in square feet:
333 sq ft

Business Operation

Expansion Potential:

Acquire another mobile showroom to work the commercial requests.

Competition / Market:

Exclusive territory with one of the top ranked Agencies:
• North America's highest-rated flooring company, from the website
• Ranked #1 Flooring franchise in Entrepreneur.com
• Ranked in top half of Entrepreneur's Franchise 500
• Ranked in Bond's Top 100 franchises for 5 consecutive years

Reasons for selling:

Retirement

Trading hours:

Days: Monday - Friday, Hours: 9:00-5:00

Employees:
Full Time: 1
Years established:
4

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

Owner and Franchisor will provide training

Financing available:

Downpayment Required: On request
Financing is Available

Furniture / Fixtures value:
$35,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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