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Listed by:

Armen Nazarian Business Brokers

Well-Established Flooring Store / Price Reduction! For Sale

Wayne County, Michigan, US
Asking Price:
$65,000
Sales Revenue:
$500,000
Cash Flow:
Not applicable

This is a great opportunity to own a well-established Flooring Store in Suburban Wayne County. Established in 2023, this 11,000 sq ft plaza showroom is located along a major commercial plaza in the heart of a thriving residential and commercial community, surrounded by high-traffic retail, neighborhood developments, and strong consumer demand for home improvement.

This flooring store features a massive showroom stocked with hardwood, laminate, luxury vinyl plank, tile, carpet, and so much more. All at competitive pricing with professional installation services available. Current owner does minimal advertising...a new owner/operator with some creative advertising/marketing along with launching a strong social media presence, partnering with local contractors and real estate agents, offering design consultations, running seasonal promotions, and tapping into the booming local new construction and home renovation market, you have HUGE potential. Turn-key operation with an impressive 11,000 sq ft showroom ready to go! Seller will train! A must see/must have opportunity that will not last long! Perfect for a husband & wife team or family.

*Name must change 30 days after closing.

Property Information

Real Estate:

Lease

Premises Details:

Established in 2023, this 11,000 sq ft plaza showroom is located along a major commercial plaza in the heart of a thriving residential and commercial community, surrounded by high-traffic retail, neighborhood developments, and strong consumer demand for home improvement. This flooring store features a massive showroom stocked with hardwood, laminate, luxury vinyl plank, tile, carpet, and so much more — all at competitive pricing with professional installation services available.

Size in square feet:
11,000

Business Operation

Expansion Potential:

Current owner does minimal advertising...a new owner/operator with some creative advertising/marketing along with launching a strong social media presence, partnering with local contractors and real estate agents, offering design consultations, running seasonal promotions, and tapping into the booming local new construction and home renovation market, you have HUGE potential.

Reasons for selling:

Owns Other Locations

Employees:
2
Years established:
3

Other Information

Support & training:

seller will train

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

$65,000 with $20,000 down. 8% int., amortized over 36 months

Inventory / Stock value:
$120,000