Flooring Business Incredible Longevity and Only Priced at about 1.5 Cash Flow!

Central, Louisiana

Asking Price: $120,000
Cash Flow: $75,983

Business Details

Gross Revenue: $421,970
Inventory: $5,000
Real Estate Included: no
FF&E: $5,000
Seller Financing: available
Franchise: no

Business Description

If you are going to purchase a business it certainly provides some peace of mind when the business you are purchasing has been in business for more than a few years.  Sunbelt Business Brokers of Central and North Louisiana presents a flooring and installation business that has been in business for 45 to 50 years!  Buyers would expect to pay a premium for a long-standing business like this one but this one is only priced at 1.5 times cash flow.  Excellent financial records and proof of income through tax returns make this a business that will likely be sold very quickly.  This business retails and installs all type of flooring including carpeting, vinyl, tile and ceramic.  There are certainly opportunities for an aggressive owner to expand into other home repair services.  This well-established business is housed in approximately 7,424 square foot of warehouse and retail space which a new owner can have the option to purchase or lease from the current owner.  This business is located in a fairly rural market but there are plenty of local markets in which the current owner has obviously had good success.  This business has a very limited online presence and the new owner could possibly develop the business even further with some effective social media marketing.  There is one full-time employee and one part-time employee which assist the current owner which has been operating the business for more than 15 years.  Health and an eye for retirement are the main reasons the owner is looking to pass this great opportunity on to someone else.  He will gladly pass on the necessary knowledge and training that will be needed to make this business a continued success.  As if this wasn’t enough to make you pick up the phone and call about this business there is one more opportunity that will likely provide even more room for growth that will only be revealed to potential buyers who sign a confidentiality agreement.  Call or email Tim at (318) 308-8853 or tim@sunbeltbuysell.com today to find out more.

Addtional Information

Reason for Sale: Health and Retirement

Year Established: 1967
Leased: yes
Willing to Train: yes
Year Acquired: 2002
Home Based: no
Distressed no

Listing Broker

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Timothy Skinner
Broker/Realtor
(318) 308-8853
Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract agent directly for more information.

Timothy was born and raised in the Alexandria area. Timothy earned a Bachelor’s degree in Business Administration from Northwestern State University. While attending Northwestern State University, he worked an administrative position at a grocery store chain before starting his own business. He now uses the knowledge and experience gained from his endeavors to help other business owners and buyers. Contact Timothy by emailing him at tim@sunbeltbuysell.com.

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