Reason for Sale: Retirement-Extremely Profitable Carpet/Tile store-Wholesale to the trade. Established since 1980 specializing in a full line of commercial carpets in South Florida, Seller has provided and installed carpet and floors in hundreds of condominium hallways, churches, restaurants, schools, offices, hotels, USA Airforce, clinics, hospitals, gyms, yachts designers, contractors, architects, realtors, and others.The company has experienced and professional installation crew to tackle any difficult installation with the dedication to make it work with beautiful results.The business has been serving for 35 years: Miami, Fort Lauderdale, Sunny Isles, Aventura, Miami Beach, Brickell Area, Coral Gables, Hollywood, Hallandale, Dania Beach, Davie, Weston, Pembroke Pines, Sunrise and others. Owner Benefit $185k for a working owner. Great books & Records. Great Retail hours/No Employees/Seller will train. Lender Prequalified with 10% down.
- Asking Price:
- $575,000 Furniture / Fixtures included
- Sales Revenue:
- $972,838
- Cash Flow:
- $185,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Rent $4213 (Store) -Storage/Warehouse $1650- Lease exp in 2026 +One - 3yr option
- Leasehold Rent:
-
$4,213 per annum
- Location:
-
Retail Store on a East /West Artery
- Premises Details:
-
Rent $4213 (Store) -Storage/Warehouse $1650- Lease exp in 2026 +One - 3yr option - Retail Store 3000 sq ft -Warehouse 1665 sq ft
Business Operation
- Expansion Potential:
-
Focus on growing retail-longer hours-Hire more salespeople.
- Competition / Market:
-
Minimal competition in the area
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday-Friday 9:00am - 5:00pm Saturday & Sunday Early Appointments Only
- Employees:
- 0
- Years established:
- 37
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
One Month
- Financing available:
-
10% Down SBA Financing over 120 months
- Furniture / Fixtures value:
- $45,000 - included in the asking price
- Inventory / Stock value:
- $40,000
