Owner-Absentee Hardwood Flooring Business 40 Yrs
Not Disclosed, CA Los Angeles County
Los Angeles, CA
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- RE: Owner-Absentee Hardwood Flooring Business 40 Yrs
- Contact: Wesley Hill
Quick Facts
| Asking Price: | $1,594,000 | |
| Annual Revenue: | $3,790,000 | |
| Net Profit: | $444,140 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | 7 | |
| BBN Listing #: | 1003198 | |
| Broker Reference #: | 2163 |
Business Overview:
This established hardwood flooring store offers a proven, turnkey operation that runs smoothly under owner-absentee management. The business provides a full range of hardwood flooring products and supplies, attracting both homeowners and contractors seeking quality materials and reliable expertise. With trained staff in place, consistent customer traffic, and streamlined operations, the store functions efficiently without the day-to-day involvement of the owner.
The business benefits from strong vendor relationships, steady repeat customers, and a reputation for quality service. A new owner can step into a stable operation with immediate income and the flexibility to remain hands-off or choose to be more involved to drive growth. This is an ideal opportunity for an investor, portfolio owner, or anyone seeking a profitable, absentee-run hardwood flooring business. Inventory of approximately $1,400,000 (at cost) is not included in the sales price and will be sold to the buyer at time of sale.
Contact the Seller:
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Property Features and Assets:
Non-Included Inventory Amount: $1,400,000
Lease Info:
- Square Feet: 8,600
- Total Monthly Rent: $13,650
- Lease Expiration: 5 years
- Lease Options to Renew: 2 5-Year Options
Market Competition and Expansion:
There is some competition in the area, however this company separates itself by having exclusive long-term exclusive rights of its products.
Opportunities include widening the flooring selection, enhancing digital marketing, and building more contractor relationships.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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