Flooring Sales & Installation Business. The business boasts over 60-year history of successfully serving customers with flooring needs. The store’s brand name is highly recognized and well-respected in the greater Detroit metropolitan area.
The business operates as a floor covering seller and installer of carpet, hardwood, vinyl, and other floor surfaces.
Over the years the business grew to being able to offer more brands and services. Considered by most to be the Premiere Floorcovering source in the Detroit Metro area. The business has provided the best in service, product, and workmanship throughout much of the Metropolitan Detroit Area.
As a family-owned business, it has also effectively become involved in support of many community initiatives in the downriver area. Supporting the schools’ fund-raising activities with sports groups and art programs, as well as drama groups and senior facilities, they have collectively attempted to “give back” to their client base community.
The business boasts a staff of sales professionals and installers who have achieved the rating of “Five Diamond Installation Excellence” through performance and most importantly, customer response.
The owner of the business owns the building and is open to either leasing the building or selling the building along with the business.
The real estate is available for purchase, the property was appraised in 2020 at $1,000,000.
Offering Details
Business Type | Flooring Sales & Installation Business For Sale, Metropolitan Detroit |
Annual Revenue | $2,758,743 |
EBIDTA (Discretionary Earnings) | $307,742 |
Asking Price | $775,000 |
Ref ID# | AF152 |
Seller Financing | Yes |
FFE | $100,000 |
Inventory | $100,000 |
Location | Detroit Metropolitan |
Year Established | 1960 |