High End Dance and Gym Flooring Retailer Nettin...

Confidential, CA

Asking Price: Annual Revenue:
$735,000 $713,088

Retail: Home Furniture & Furnishings

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RE: High End Dance and Gym Flooring Retailer Nettin... Broker: Helen Liu
License #: 01229641

Quick Facts

Asking Price: $735,000
Annual Revenue: $713,088
Net Profit: Not Disclosed
Cash Flow: $235,012
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1977
Employees: 1
BBN Listing #: 318059822
Broker Reference #: CAMPBCA001-N568

Email or Print Listing

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Business Overview:

Uniquely positioned by strong relationships with top quality manufacturers, this business has quietly been the source for the best flooring and service to top tier clients. Many A-list and high-profile celebrities have made their purchases for their private studios from this business along with a vast number of schools and universities and independent dance companies. The current structure of the business allows all ordering to be personally managed and serviced by the owner. Staff can be expanded to increase the focus on personal service and attention to detail that all other flooring companies lack. Product pricing remains competitive and are kept in line with rising costs in base goods, shipping, and labor. All products sold are shipped and supported by the manufacturer directly to the end client. End clients hire their own contractors for installations. Family business started in 1938 • Current business model since 1997 • Reviews from customers 4.9 stars out of 5 • As all orders are drop shipped, minimal inventory • Only advertising is SEO, placing them first in searches • Customers are any business that needs high quality flooring • Business has been run part-time since 2017 • Easily absorbed into an existing business • Strong opportunity for growth • Billings range from $200 to $40,000 • Vertically aligned • Listing Price: $735,000 • 2021 Gross Sales $713,088 (P/L) • 2021 SDE $235,012 (P/L) • 2022 sales targeting to exceed 2019 numbers • Pre tax cash flows average 33.87% • Full time sales in 2016 was $1,021,576 net $331,589 • Customers pay in full prior to shipping • Great cash flow business • No PPP or EIDL loans taken

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Property Features and Assets:

Real Estate License ID: 01229641

Reason for Selling:

Seller is retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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