This established and respected franchised flooring products retailer and installer sells carpet (~75% of sales), hardwoods and laminates (~10% of sales), vinyl (~5% of sales) and area rugs (~10% of sales) at strong margins of 30% to 40% in the Raleigh/Cary area. The franchise fee is $45,000. The franchisor requires a first year marketing expendature of $40,000 and sample purchases of ~$5,000. The value of inventory currently is ~$12,000. The computer, proprietary software and electronics are ~$2500. Great opportunity to acquire an existing business, goodwill, client base with established location and marketing at near replacement cost.
Facilities
Well known enclosed open mall with some related construction/home products. Located on main city throroughfare. Location doesn't require owner to staff the location as other cover for owners when out.
Financing
Seller will provide some financing as required by SBA. Franchise royalty is 6% a
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