Details - Information last confirmed on June 17, 2021

This Paint, Carpet & Flooring Company has approximately $1,200,000 in annual sales with about 40% of the sales being paint and 60% Flooring Products (Carpet, Vinyl, etc.). The have a combination of retail sales, a few contractors and commercial accounts. There are 3 sub-contractors who install exclusively for the company. They do collect the money for the installations with 50% down and 50% when the job is complete.

No formal asking price as the Seller prefers to retain it and lease it to the buyer of the business. He will consider selling it and estimates the fair market value to be approximately $350,000. It consists of a 10,200 SF Building zoned industrial use on 1.7 Acres and this is the same location the business has been located since 1981. The current rent charged is fair market value of $2,500 monthly.

There is approximately $35,500 of equipment included in the sale of the business. Inventory tends to run approximately $150,000 consisting of mostly paint and paint products. It is intended for all inventory to convey with the sale subject to an acceptable term sheet.

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.