Flooring Store Run Semi Absentee

Not Disclosed, CA
Contra Costa County


Asking Price: Annual Revenue:
$599,000 $2,844,929

Retail: Non-classifiable


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RE: Flooring Store Run Semi Absentee Broker: Jack Flowers
License #: 01160661

Quick Facts

Asking Price: $599,000
Annual Revenue: $2,844,929
Net Profit: $258,432
Cash Flow: $258,432
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 6
BBN Listing #: 8682931
Broker Reference #: PH10381

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Business Overview:

This business is a one-stop floor specialist offering carpet, laminate, hardwood, tile, vinyl, and rugs. They are known for friendly, knowledgeable staff that create a satisfying shopping experience. They are located on a busy street in a town that supports independent business. Even though they were closed from mid-March through May 2020 sales were within 5% of 2019! The owners live out of the area and operate the business remotely. PH10381

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Property Features and Assets:

The current lease will expire on 11/2021, Rent $11,528, + $1,874 NNN, 7,840 square feet. Hours Flooring Store Monday thru Friday 9 am to 5 pm, Saturday 9 am to 4 pm, Tile Store Tuesday thru Friday 9 am to 5 pm.

Reason for Selling:

Retire.

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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