Lucrative Floor Coverings Store

Not Disclosed, CA
Santa Clara County

Asking Price: Annual Revenue:
$1,650,000 $4,883,562

Retail: Home Improvement

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RE: Lucrative Floor Coverings Store Broker: Jack Flowers
License #: 01160661

Quick Facts

Asking Price: $1,650,000
Annual Revenue: $4,883,562
Net Profit: $508,655
Cash Flow: $508,655
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 7
BBN Listing #: 9038931
Broker Reference #: PH10587

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Business Overview:

This business does not advertise. Yet the phone rings off the hook and sales roll in regardless, due to repeat customers and word-of-mouth referrals. The business has been established for 20 years, the store has always provided a continuous flow of profit to the owner, who describes his business as recession proof. He works 5 days/week, 8-5, no weekends. Includes a highly proficient staff with long term employees. A Membership in a national buying group enables the owner to compete with the big box chains in price and selection. 5-star rated in Yelp for customer satisfaction. Seller and lender will assist buyer to acquire a C-15 license. Pre-approved SBA financing with a modest down payment. PH10587

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Property Features and Assets:

A/R $500,000 included in the purchase price, Inventory $150,000 included in purchase price, Rent $12,081, 12,016 square feet, Tfr fee $1,000, SBA approved, Hours Monday thru Friday from 8 am to 5 pm, Saturday from 10 am to 3 pm, Closed on Sundays

Reason for Selling:

Relocation and 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 a franchise resale opportunity.

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