RETAIL - #6035


Financial Information
Asking Price: $400,000
Gross: $864,000
Cash Flow: $110,000
Inventory: $278,000 (included in asking)

Business Information
Location: Huron, OH
Year Established: 1989
Employees: 4

Listing Details
Business Type: Established
Home Based: No
Category:
Misc. Retail > Retail
Listing Date: 10/13/2008 - 8:27:38 am

Reason for Selling
  Retirement

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 Broker/Seller Info
Contact Name:
  Roy Huffman
Business Name:
  First National Business Corp.
Phone Number:
  (866) 800-0990
Website:
  Visit Website >>

 Listing Disclaimer
The information contained within this business listing is provided by the broker/seller who published it. BizHwy cannot guarantee its accuracy or completeness, and assumes no responsibility for its content.

 Business Summary

Retail: Carpet, tile and flooring outlet for sale! Be your own boss, set your own hours, and own this profitable, quality business with a great local reputation. Located in North Central Ohio, this store has been in business for 18 years. They sell and install carpet, ceramic tile, vinyl flooring in sheet and squares, and both hardwood and laminate floors. In addition, they also offer a large selection of area rugs and remnants. Sales have grown considerably over the years to $864,000, providing the owner with consistent annual profits. They have the areas largest selection on in-stock floor coverings and a well-organized showroom. They have limited local competition, and customers would need to travel to other cities to realize similar savings and selection. Located on the busiest highway in the country, traffic count is high and rapid construction in the immediate area bodes very well for sustained future growth. The facility encompasses 23,540 square feet and is offered for sale separately, or rental cost would be $11,250 per month. The current owner wants to retire. He is willing to provide training and will sign a non-compete agreement. Perfect for the owner-operator. Current owner nets over $110,000.



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