Lucrative & Established Flooring Biz Georgetown County, SC
Lucrative & Established Flooring Biz Georgetown County, SC
Agent: Christopher Gordon
Asking Price: $799,000 * Pending
800-366-1627
Active Listing * Pending
This extremely profitable flooring store has been in business for over 25 years. The owner plans to retire within the next 10-12 months. The business has excellent profit margins. The company picks and chooses only the most profitable jobs at this point. The owner works for the business and has a tight group of employees, installers, and subcontractors in his group. The store is located within proximity to some of the hottest markets in SC.
Business does roughly 75% of existing homes, and 25% new construction. The company has a solid line of products they offer including Hardwood flooring, composite, luxury vinyl, tile, marble, and carpet. This is a very busy location, with a LOT of jobs in the books for 2023. The company is turning down more jobs than they are taking currently. The owner will stay on for an extended period with the new owner. This is not an absentee run business at this point. $240,000 of inventory is included in the price of the business. The business is priced very well.
- Asking Price: $799000
- Gross Revenue: $2929000
- FF&E: $140000
- Cash Flow: $251000
- Employees: 5 FT