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Listed by:

PMJ Productions

Village Carpet Honesdale, Pa Flooring Sales Installation For Sale

Honesdale, PA, Pennsylvania
Asking Price:
$600,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,900,000 (USD)
Cash Flow:
$100K - $250K (USD)

Village Carpet’s owners opened their Honesdale, PA business and showroom in 1989 and moved the storefront to its current location in 2008.

Village Carpet is a carpet and flooring retailer and installer.

For 30 years, they have served both residential and commercial customers throughout Northeast Pennsylvania and beyond.

The business is located at 1130 Route 6 (Texas Palmyra Highway) Honesdale, PA 18431.

The retail storefront is conveniently located on the main commercial highway that serves Wayne County, Pike County, Lackawanna County and parts of New York State as well.
Type of Customer:

Company sales volume is comprised of approximately 60% retail and 40% commercial.

Large commercial accounts include builders, contractors, architects, interior designers, schools, malls, resorts, and various governmental entities.

Village Carpet regularly carries the following quality brands:

-Armstrong -Florida Tile -Mercier -Queen
-Beaulieu -Hollytex -Milliken -Shaw Industries
-Bruce -Homerwood -Mohawk -Sutton
-Customweave -Karndean -Nafco -Tarkett
-Daltile -Mannington -Philadelphia

They also offer many other flooring brands on request.

Additionally, Village Carpet sells and installs Luxury Vinyl Tile (LVT) and porcelain wood look planks, which represent two growing categories in the flooring industry. Multiple racks of these products are also displayed throughout the store.

Having served customers within a 100-mile radius of Honesdale for 30 years, most of their business comes from repeat customers and word-of-mouth referrals.

Property information

Real Estate:

Lease

Lease Terms:

The owners are willing to sign a long term lease.

Leasehold Rent:

$84,000 (USD) per annum

Location:

The business is located at 1130 Route 6 (Texas Palmyra Highway) Honesdale, PA 18431.

The retail storefront is conveniently located on the main commercial highway that serves Wayne County, Pike County, Lackawanna County and parts of New York State as well.

Premises Details:

Village Carpet currently occupies 3,748 sq. ft. of retail space and 4,661 sq. ft. of warehouse space. The owners also own the strip center which houses their business and are willing to sign a long-term lease with a new owner for the current space at $84,000/year.

The entire strip center is also for sale separately.
The facility is fully-occupied with four other tenants.
All lease and rental information is available for qualified buyers.

Size in square feet:
8,400

Business Operation

Competition / Market:

The business is well-established, profitable, and has a good reputation, having served the region for 30 years.

Reasons for selling:

Retirement

Trading hours:

Monday-Wednesday 10am-5pm
Thursday and Friday 10am-8pm
Saturday 9am-12noon

Employees:
4
Years established:
30

Other Information

Support & training:

The Seller will be available for 30 days to assist in the transition of ownership as part of the purchase price. The owners are also available for a mutually agreeable period of paid consulting for a period up to 12 months.

Financing available:

None

Contact Information

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