Business Overview:
Home improvement business specialized in residential & commercial kitchen cabinets, counter tops, flooring, bathroom remodeling, hardwood tile, stone & slate, laminate, entry doors & bathroom vanities. It is located inside a shopping center on a corner of 2 major & famous intersections in South Orange County. Their signages have great visibility & lead many customers to the store.Owner says they spent about 130K less than 3 years ago to put the place together, & the sales & profits have shown an increase every year since the beginning. The sales started about 200 K in 2008, & went up to 400 K in 2009 & estimated to go over 5oo K in 2010. Likewise the profit wet up from 70 K in 2008, to 100K in 2009, & estimated to go over 125 K in 2010.There is no employee on board. It is just the owner & sometimes his wife helps in case the owner needs to be out of the store. This is a nice store in a great location with freeway visibility. Annual Revenue: $500,000 FF&E: $5,000 (Included in the price) Inventory: $50,000 (Included in the price) Seller’s Discretionary Cash Flow: $100,000 Asking Price: $150,000Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.For more information contact Mehdi Kazerooni, SUNBELT BUSINESS BROKERS of ORANGE COAST at 714-619-9310.Fax: 949-861-6498. Email: mehdi@sunbeltorange.comFor a complete listing of our currently available business opportunities go to: www.sunbeltorange.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
other ventures.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.