Established Floor Covering & Installation Busin...

Northern California, CA


Asking Price: Annual Revenue:
$648,500 $2,200,000

Services: Construction, Contractors


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RE: Established Floor Covering & Installation Busin... Broker: Octaviano Tavizon
License #: DRE #01412454
Owner Financing is Available!

Quick Facts

Asking Price: $648,500
Annual Revenue: $2,200,000
Net Profit: Not Disclosed
Cash Flow: $395,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 10
BBN Listing #: 92959913
Broker Reference #: OAKLACA001-N270

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Business Overview:

This is a well-established, respected floor covering supply and installation business, in operation for 27 years and the largest in its northern California county. The company specializes in providing high quality carpeting and floor covering products, window treatments, and installation services for its clientele. It is a member of one of the world’s largest co-ops in the flooring industry, which gives it access to an extensive selection of quality products at very competitive prices. While the company consistently generated annual sales of more than $2mil. and average annual net profits of about $300,000 in the years just prior to the COVID pandemic ($2.25mil. revenue and $395K profit in 2019), sales did decline sharply in 2020. However, sales are rebounding significantly as more people are spending more time at home and want to improve their home’s features. The company is located in a vibrant but relatively small city near lakes and national forests offering abundant opportunities for outdoor recreational activities. By buying this business, you could live in nice environment while earning enough money to support a very comfortable lifestyle.

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Property Features and Assets:

Real Estate License ID: DRE #01412454

Reason for Selling:

Retirement

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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