NOT DISCLOSED, California
| Asking Price |
$495,000 |
Year Established |
2012 |
|
| Annual Revenue |
$1,085,540 |
Reason for Selling |
Separation of Partners |
|
| Annual P/L |
$0 |
Attention |
Robin Howard |
|
| Annual Cash Flow |
$246,947 |
Listing Number |
1002414 |
|
| # of Employees |
1 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Founded in 2011, this Flooring Sales and Installation business has thrived through thick and thin! Best of all, current Gross Revenue has been generated with almost ZERO MARKETING SPEND. With an established presence in the Bay Area, a strong recurring customer base, dozens of distributor relationships, as well as insurance company relationships, a new buyer will be stepping into a prime situation to expand on an already profitable foundation. The seller will also be handing over $170,000+ in FF&E and Vehicles, as well as over $100,000 in inventory, all included in the sales price. Landlord has stated to broker that they will offer a new three-year lease to a suitable buyer, and the online reviews for the business are extremely positive!
The current owners have built an efficient, turnkey model over the past decade that’s primed for someone with strong sales, marketing, or operations skills to take it even further. For a buyer with vision, the roadmap to local dominance is already laid. The new owners are expected to hold a C-15 Flooring and Installation license, and the current operation will not qualify for SBA Financing, which is why the sellers are open to all reasonable offers.
Property Features and Assets:
<p>Square Footage: 2,400 sq. ft. </p><p>Total Rent: $5,800/month </p><p>Base Rent: $5,800 </p><p>Rent Deposit: $1,550 </p><p>Special License Required: C-15 (Flooring Installation) </p><p>Hours Open: 8 AM – 6 PM </p><p>Days Open: Monday – Friday<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity