Carpet & Hardwood Floor Franchise In Two Locations For Sale

Business description

This sale includes two successful hardwood floor and carpet businesses - one in Little Rock and the other in a nearby central Arkansas city. Both locations are beautifully designed and cator to a high end clientele. The revenue is 60% hardwood flooring, 30% carpet, and 10% ceramics in the Little Rock location, and about one third each of laminant, carpet, and hardwood in the other location. The owner has invested much more than the asking price in the last three years, greatly upgrading these large, attractive showrooms, but is forced to sell because of health reasons. The staff of five full time employees in the two locations includes well seasoned managers capable of running the business. The business also uses 10 to 20 contract laborers on a regular basis to install the product in homes and businesses across the central Arkansas area. This franchise has over 800 locations across the United States and is listed and one of the top franchise opportunities in the country. The franchise offers tremendous support to owners, including monthly advertising in ten different magazines. The $40,000 franchise fee per store has been paid and is included in the sale. This is a great chance to own an established business for well less than half the total investment the selling owner has made in developing two locations. Additionally, the owner started a commercial branch in late 2009 and has several six figure jobs in the works, this is also included in the sale.

Property information

Location:

both locations are on busy city streets

Premises details:

The two attractive facilities are leased. The Little Rock store offers 6000 square feet and is leased at $2000 monthly, the other location is 5000 square feet for $2400 monthly. The Little Rock store location was remodeled completely in 2006 for over $200,000 and is one of the most attractive showrooms in all of central Arkansas. Both are attractive, high traffic locations

Size in square feet:

5,000

Other information

Expansion potential:

A new owner could expand into window treatments, bedding, and area rugs - all of which have been profitable at other franchise locations

Planning consent:

commercial

Competition / Market:

normal

Support & training:

owner & franchise will train

Reasons for selling:

retirement

Owner financing:

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

Financing available:

negotiable

Furniture / Fixtures value:

$186,000