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Carpet & Flooring Retail For Sale

Tippecanoe County, Indiana, US
Asking Price:
$375,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$923,565
Cash Flow:
$117,448

This listing is for a profitable and long-established carpet & flooring retailer in the northern Indianapolis suburbs that’s available to a qualified buyer. This business offers a buyer a six-figure cash flow and they specialize in the sale of carpet to residential customers. This makes up the bulk (85%) of their total revenues. The rest of their business comes from the sale of wood flooring (5%) and laminate/vinyl (10%). The business features an attractive showroom on a main thoroughfare. They carry a very large selection of carpets and flooring that can fit any budget. This business has been a fixture in the community for over two decades and they’ve earned an outstanding reputation in their marketplace over that time. Over the last three years, this business has consistently shown very strong revenues and owner benefit with year over year revenue growth. In addition, over $90,000 in assets is to be transferred with the sale of the business. This does not include their real estate which is available separately from the asking price for $650,000 and adds $52,000 yearly in owner benefit. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email. Online inquiries will be replied to with an email from an address with an NDA attached. Sometimes, these can get filtered in junk/spam folders. If you do not hear back from us within 24 hours, please give us a phone call. DocuSign available upon request.

Property Information

Location:

Northern Indianapolis Suburbs. Tippecanoe County.

Premises Details:

Showroom 1,400 sq. ft. Warehouse 3,000 sq. ft. Owner by the seller and available separately from the asking price for $650,000

Size in square feet:
4,400

Business Operation

Expansion Potential:

add outside salesperson, home sales, more advertising, expand sales/marketing territory, add new product lines, add sales staff

Reasons for selling:

Retirement

Employees:
3 FT (outside 1099)
Years established:
35

Other Information

Support & training:

Owner will train the buyer for 4 weeks

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$75,000 - included in the asking price