Business Overview

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF.# 76931-372511

Well respected and long-established flooring supply and installation business. This business specializes in sales and installation of quality flooring, kitchen and bathroom products. This company has built up a reputation for quality and service. This business provides to commercial and residential clients carpeting, vinyl, hardwood, ceramic, marble, granite and kitchen cabinets. In-house financing options are also offered for approved customers. This business is well poised for excellent growth.

This business is located in Pasadena, Tx. The show room is brand new! Please contact broker for additional information. Up to 50% seller financing is available for a qualified buyer.

This space was built brand-new in 2021.

Financial

  • Asking Price: $295,000
  • Cash Flow: $155,829
  • Gross Revenue: $431,678
  • EBITDA: N/A
  • FF&E: $70,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,686
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

other business

Additional Info

The company has 1 employees and is located in a building with approx. square footage of 2,686 sq ft.
The property is leased by the business for $4,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell companies. Nonetheless, the genuine reason vs the one they say to you may be 2 completely different things. As an example, they may say "I have too many various commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may simply be justifications to try to conceal the reality of transforming demographics, increased competition, current decrease in incomes, or a variety of other factors. This is why it is extremely important that you not rely completely on a vendor's word, yet instead, use the vendor's solution together with your overall due diligence. This will repaint a more sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans with the purpose of covering things such as inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can imply that revenue margins are too tight. Many businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in brand-new customers? Many times, operating businesses have repeat clients, which develop the core of their everyday earnings. Specific elements such as brand-new competition sprouting up around the location, roadway building, and staff turnover can impact repeat clients and adversely affect future revenues. One important thing to think about is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the higher the opportunity to construct a returning client base. A final idea is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the outside border of town? Exactly how might the local typical family income influence future earnings potential?