2023 Main Street Award Winner! Profitable Flooring Business for over 30 years!
Fast-growing Montgomery County, TN
Asking Price: $1,100,000
Cash Flow: $368,072
Gross Revenue: $3,034,162
Business Description
Many Google reviews lift up this fast-growing community’s favorite flooring firm with sentiments such as: “… They were very professional, efficient, on time, and extremely affordable. I will never purchase or have someone else install carpet or flooring other than them.” The firm has built and enjoyed this reputation, and subsequently consistently growing earnings since its founding in 1991.
Employees: The owner, his wife, their daughter, 1 outside (W2) employee as needed, plus 4 full-time installer crews, several of which have tenure over 20 years. The parents, who will exit eventually, will remain for a negotiable period of training and transition. The owner is also willing to remain in a consulting role for a period, and his daughter would stay (at the discretion of the new owner). She is extremely valuable as bookkeeper/coordinator, and knows the state-of-the-art inventory / cost-tracking POS software: Q Floors.
Employees: The owner, his wife, their daughter, 1 outside (W2) employee as needed, plus 4 full-time installer crews, several of which have tenure over 20 years. The parents, who will exit eventually, will remain for a negotiable period of training and transition. The owner is also willing to remain in a consulting role for a period, and his daughter would stay (at the discretion of the new owner). She is extremely valuable as bookkeeper/coordinator, and knows the state-of-the-art inventory / cost-tracking POS software: Q Floors.
Facilities: 13,658 sf warehouse with air-conditioned offices and kitchenette. Seller owns the real estate and can offer an attractive long-term lease.
This listing was added 08/09/2023
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