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Phoenix/Tempe

  • Listing No.: 115-11054

  • Category: Retail

Asking Price $285,000
Down Payment $0
Gross Revenue $1,153,179
Total Adjusted Net Income $135,000
Equipment/Fixtures $2,000
Year Established 2012
General Location Phoenix/Tempe
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image-for-Chuck Wimmer
Contact Details:

Great opportunity to purchase an established hardwood flooring distributor. This business has a very knowledgeable and hardworking general manager in place and is run semi-absentee. Only on GM and one salesperson generate over $1M in sales annually. Conveniently located showroom and warehouse with a large inventory of flooring samples. This operation has many established and repeat clients with over 6-years in the same location. This business is the exclusive Arizona supplier for two well-known hardwood flooring manufacturers. Profitable, turn-key operation with room to grow. Good cash flow business as 80% of clients are C.O.D. and there are very low receivables. Don’t miss out, this one will sell fast, so call today. Seller financing available to qualified buyer with significant down payment.

Gross Revenue $1,153,179 Listed Price $285,000
Total Income $135,000 Down Payment $0
Base Rent $3,600 Square Feet 6020
Total Rent $3,600 Lease Expiration 5/2022
Rent Deposit $1,200 Lease Options N/A
Inventory $47,020 Leasehold Improvements
Equipment/ Fixtures $2,000 Other Assets Forklift $7,500
Full-Time Employees 2 Training Period 4 weeks
Part-Time Employees 0 Special License Required None
Contract Staff 0 Reason for Selling Relocating

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.