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Floorcovering Store Celebrating 47 Years In Ne, Fl For Sale

Jacksonville, Florida, US
Asking Price:
$449,000 Furniture / Fixtures included
Sales Revenue:
$620,547
Cash Flow:
$190,000

This is Your Opportunity to Achieve Your Dream of Financial Independence

Everyone Has a Floor and They All Need Something That We Sell. The pandemic has been a real test of the resiliency of our industry. New home construction and home remodeling is booming. We sell & install carpet, luxury vinyl tile & plank, ceramic & porcelain tile, engineered wood, shutters and window coverings. This is a High Profit business with an average inventory of only $4,000.00. All of the installation work is done by our subcontract crews, so they are only paid when they are working. You do the selling, and they do the installation. The Carpet Tree was established in 1975 and has an excellent reputation with reviews you can read on Google and Facebook. Many floor covering stores are privately owned and operated so this business model is perfect for Veterans and their friends, or a couple and their family. After 47 years, it's time to retire and turn my dream over to a new dreamer to make their Financial Dreams Come True! If you don't build your own dream, someone else will hire you to help build theirs.


Store Hours are from 10 AM till 5 PM Mon thru Fri and 10 AM till 3 PM on Saturday That's only 40 hours per week so you can still have time for you and your family.

There is no state income tax and no snow. Jacksonville offers fresh and saltwater fishing, miles of beautiful beaches for surfing and swimming, hunting and the best health care providers in the country. Historic St. Augustine is only an hour away and here are 20 things to do there.
https://travelgressing.com/20-top-things-to-do-in-st-augustine-florida-in-2020/

35 predictions for the future of flooring from Floor Covering News 8-11-2021
https://www.fcnews.net/2021/08/35th-anniversary-predictions-for-the-future-of-flooring/

Overview of Jacksonville https://www.youtube.com/watch?v=uOHaMtGHqOY

Jacksonville has been featured on a list of the best places to live! The U.S. News & World Report published “The 25 Best Places to Live in the U.S. in 2021-2022? with Jacksonville coming in hot at No. 22.

Further information is available by contacting the seller to request their phone number to discuss the business. If you feel that it is a good match for you, the signing of a non disclosure agreement will be needed before financial information can be released.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Leasehold Rent:

$69,600 per annum

Lease Rent:
$16 per sq ft per annum
Location:

The Showroom is located on the corner of a busy highway with a daily traffic count of over 31,000 vehicles.

Premises Details:

The 4,400 sf. building is a modern free-standing building located just a few feet from the busy highway.

Business Operation

Expansion Potential:

There are plans to build 5,000 new homes within 10 miles of our store. There's nearly a million people in North East Florida and another 1,000 per day moving into Florida. You can use our extensive list of clients to reach out by direct mail or email. Because of our positive internet reviews, we also get business from people that are moving into the area and are looking for a company they can trust. When a home is purchased that hasn't been updated, the new owner will want new flooring that reflects their personal taste and style. With the hot real estate market, the volume of business will continue to grow for the new owner.

Competition / Market:

The closet competition is about 6 miles away.

Reasons for selling:

Retiring after 51 years in floor covering.

Trading hours:

10 AM til 5 PM Monday through Friday and 10 AM til 3 PM on Saturday

Employees:
3
Years established:
47

Other Information

Support & training:

4 weeks of training will be provided in all aspects of the business. Additional training will be available.

Financing available:

SBA 7(a) lending program can be used to buy an existing business for as little as 10% down. A properly structured SBA loan will also include working capital for growth, inventory, equipment, debt refinance and the commercial real estate.

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$4,000
Website:
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Related Documents:
Relocatable:
This business can be relocated.

Contact Seller

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