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Jersey Village

  • Listing No.: 219-20828

  • Category: Construction

Asking Price $210,000
Down Payment $150,000
Gross Revenue $751,970
Total Adjusted Net Income $136,559
Equipment / Fixtures $4,500
Year Established 2003
General Location Jersey Village
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This flooring sales and installation company focuses on highly durable, low maintenance, commercial grade flooring for residential and commercial installation. This is a very simple business model with well established sub contractor relationships. With a niche product not offered by most of the competition this is a fantastic opportunity, Seller's discretionary earnings range from $90,000 to $190,000 depending on the year. The business has allowed the sellers to have a perfect work/ life balance while still being able to provide for their family.

Gross Revenue $751,970 Listed Price $210,000
Total Income $136,559 Down Payment $150,000
Base Rent $1,486 Square Feet 2133
Total Rent $1,558 Lease Expiration 05/2023
Rent Deposit $1,386 Lease Options
Inventory $42,500 Leasehold Improvements $0
Equipment / Fixtures $4,500 Other Assets Vehicles $45,000
Full-Time Employees Training Period 5 Weeks
Part-Time Employees 1 Special License Required
Contract Staff 2 Reason for Selling Owners are moving to their retirement home 3 hours away.

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.

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