Profile No. BD-0911, Established Floor Covering Business
Profile No. BD-0911 |
Established Floor Covering Business |
NAICS or Sic Code: 449121 | Industry: Floor Covering Retailers |
Gross Sales: $520,631 | Sellers Discretionary Earnings: $46,597 |
Value of Assets Included: $45,000 |
Inventory Included: |
Asking Price: $65,000 |
National Business Brokers businesses for sale
Great opportunity for Decorator or Designer!
This Colorado Springs business offers hardwood, carpet, laminate, tile and vinyl flooring solutions for both residential and commercial clients.
Business is run by a Manager and Sales Person. Very nice location and well laid out and designed showroom. Monday through Saturday: 9:00 am to 5:00 pm
They do not perform the actual installation of the flooring, it is sub contracted out.
This company has been providing personalized flooring solutions in the Colorado Springs area for more than 10 years. The company has an excellent reputation for quality and price and is truly “customer oriented”. This company has 4.6 star rating from Google customer reviews.
Colorado Springs population has increased each year out of the last 11 years between 20210 and year 2021 with an annual average growth rate of 1.8%. El Paso County recorded the largest population growth in Colorado between 2010 and 2021.
Colorado Springs was ranked as one of the top ten cities in the US to live in 2021 and estimates for the total value of future housing construction is more than $4.3 billion. With this projected growth, the flooring business has tremendous growth potential for a new owner. In addition, with current mortgage rates at over 7% for a 30-yr fixed loan, many homeowners will prefer to fix up their current home as opposed to purchasing a new home.