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- RE: Flooring Products & Services - Monterey Bay Area
- Contact: Steve
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $850,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $37,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 2 | |
BBN Listing #: | 995330 | |
Broker Reference #: | BBN 072425 MONTBAY |
Business Overview:
Established and successful Residential flooring products and services business franchise for sale in Monterey Bay, CA This business is North America's leading in-home designer floor coverings brand. Products include: carpeting, wood flooring, vinyl, laminate flooring and ceramic tile. This large 3 territory office services all of the communities in the Monterey Bay Area. These include: Scotts Valley, Santa Cruz, Aptos, Watsonville, Gilroy, San Juan Battista, Hollister, Marina, Salinas, Monterey, Carmel, Carmel Valley, Chualar, Gonzales, Soledad, Greenfield, Big Sur and Lucia. Owner works with on staff design/sales rep and sets appointment with prospects in their homes. This eliminates the need for an expensive office as the design/sales rep travels to appointments in a wrapped mobile showroom van with samples of all of their product lines. Once the sale is made - usually $6-8k per sale, the owner contacts a team of local installers to schedule the install. Projected Gross Sales Revenue for 2025 is $975k. Assets include two Ford Transit Connect wrapped vans worth $15k each. There is also a small office/warehouse (1100 sq ft) on lease in Monterey to be used for receiving flooring materials prior to installation. Electric forklift is included along with flooring samples for both mobile showroom vans and the Studio Showroom.
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Property Features and Assets:
Assets include the 2 mobile showroom Ford Transit vans and all of the supplies and equipment in the office warehouse. Just renewed a 2 year lease. This office has a working relationship with 4 flooring products installers, very good online reviews and a business relationship with 2 hotels and one home builder. The Office Manager handles lead setting appointments, social media, bookkeeping and materials ordering. The District Account Executive has experience in both flooring installation and sales.
Market Competition and Expansion:
Lots of growth potential in this growing and partially affluent area.
Reason for Selling:
Owner relocation. 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 a franchise resale opportunity
Relevant Links:
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