PRICE REDUCED -Sucessful Flooring Carpet Co.

Ukiah, CA
Mendocino County

San Francisco-North Bay

Asking Price: Annual Revenue:
$860,000 $2,378,592

Retail: Home Improvement

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RE: PRICE REDUCED -Sucessful Flooring Carpet Co. Broker: Richard Waxman
License #: 02089403/00559099
Owner Financing is Available!
Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Quick Facts

Asking Price: $860,000
Annual Revenue: $2,378,592
Net Profit: Not Disclosed
Cash Flow: $332,534
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 7
BBN Listing #: 257835994
Broker Reference #: SF101

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Business Overview:

$860,000. Included in sale: $170,00 in net current items which includes working capital of $50,000 in cash, $40,000 in accounts receivable and $80,000 in inventory.

Located in the Ukiah, CA. Founded in 1997 and under current ownership since 2004. Circa 80% residential, 20% commercial accounts. No account constitutes more than 10% of sales. Well trained and experienced staff who handle sales, administration, warehousing, and installation. Attractive 11,000 square foot facility with a long-term lease available-five years and an option for additional five years-with fair minded and supportive landlord.

Reason for sale: seller wish to retire. Licenses required: Business and C-15. If buyer does not currently possess the C-15 license, owner will train and stay as RME (Responsible Managing Employee) until buyer can qualify for that C license (Depending on experience1+ years) .

Financing: with 30% down-260k- seller will carry a note for balance -600k-for well qualified buyer. Ten year fully amortization at 7% APR,120Monthly payments of $6966.51.
If you would welcome a relocation to a slower life style, this is an opportunity you should not miss.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Richard Waxman at 415 515 3487 .

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Off busy street with other commercial businesses nearby. No foot traffic, but excellent freeway access. Attractive one-story commercial/retail space with ample parking, attractive display area, and administrative offices.

Market Competition and Expansion:

Home Depot, Friedman's Hardware -Higher quality service Could expand services into related areas.

Reason for Selling:


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.

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