Seller's Contact Information
- RE: Established Floor Covering & Installation Compa...
- Contact: Phillip Holt
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $1,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $367,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 10 | |
BBN Listing #: | 983064572 | |
Broker Reference #: | OAKLACA001-52491 |
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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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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