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Flooring and Remodeler Designer Showroom for Sale

Lyndon, KY (Jefferson County)

Seller Financing Available
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Asking Price: $750,000

Cash Flow: $477,850

Gross Revenue: $1,678,220

EBITDA: $573,800

FF&E: $56,000

Inventory: $100,000

Rent: $3,300 /Month

Established: 2005

Flooring and Remodeler Designer Showroom for Sale

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Business Description

Turn Key Location, Own Your Store & Keep the Profits

Are you an established contractor or designer doing ALL THE WORK for store owners for a fraction of the profit?
Flooring and Granite Designs is a well known, highly established state of the art showroom. Full Google Profile and Footprint, Established Website & Social Media, Accounting and Job Scheduling Software, Phone Systems, and full vendor contract support from over 25 selected sought after companies; including Shaw, Mohawk, Louisville Tile, and Johnson. Owners John and Jessica Allgeier are taking their own brand, Southern Vintage, nationwide. (You will also have exclusive access to all the Southern Vintage Reclaimed Flooring samples, Live Edge Tables and Barn Siding samples handmade in the store to sell as an SV dealer)

Detailed Information

Location:
Lyndon, KY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
6/1/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2800 sq ft Showroom, All Samples, Live Edge Furniture, Beams and Computer Office Systems. Build-out Alone was over $250,000.
Competition:
None in the Reclaimed Flooring, Live Edge, Beams and Barn Siding!! Get out-front of your normal flooring & design stores. True One Stop Shop.
Growth & Expansion:
Negotiate your own lease terms as of June 2020. First right of refusal included.
Financing:
Proven $1,600,000 Annual Sales Avg Over past 5 Years, Not Incl. SV brand
Support & Training:
Full Support and Training from owners.
Reason for Selling:
Expanding National Line; Southern Vintage
Business Website:
http://www.FlooringandGraniteDesigns.com
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Business Listed By:
Jessica Allgeier

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