Successful Flooring and Building Supply Near Smith Lake Area
Location: Alabama > Winston County
Industry: Retail Stores > Other Retail Stores
Financials
Gross Revenue: $1,103,000
Gross Revenue Comments: 2007
Cash Flow: $117,000
Cash Flow Comments: 2006 Owner to prove
Inventory: $325,000 (Included in Asking Price)
FF&E: $150,000 (Included in Asking Price)
Real Estate: $366,000 (Included in Asking Price)
Seller Financing: Limited
Business Summary
This 25 year old successful business specializes in flooring of all types and budget ranges along with other home products and is one of the leading suppliers in the area for building supplies and lumber. Located only 8 miles from the developments at Smith Lake resort area, this store services contractors and residential home builders throughout the area. With over 740 feet of highway frontage and three buildings, there are lots of room for growth and material storage. Owner is willing to train but has decided to retire. Great employee staff is in place and can run the business if new owner is absentee. Location is easy accessable for trucks and contractors with over 16,000 of warehouse space for material storage.
About the Business
Year Established: 1960
Employees: 5 full time - 1 part time
Relocatable: Yes
Facilities: 16,000' of warehouse, 8500ft of showroom, 740' of highway frontage. Three separate buildings with great access for trucks of all sizes. It is a "can't miss location in this nice town 8 miles from Smith Lake and only a short drive to several bigger cities.
Market Outlook and Competition: This is the only full-service building supply store in the county. There is another flooring business in town but it only offers flooring. There is lots of room for growth utilizing the facilities and location near Smith Lake.
About the Sale
Management Training and Support: As required. Staff available
Reason For Selling: Owner Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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