Owner-Absentee Hardwood Flooring Business 40 Yrs

NOT DISCLOSED, California

Asking Price	$1,594,000	Year Established	1984
Annual Revenue	$3,790,000	Reason for Selling	Retirement
Annual P/L	$444,140	Attention	Wesley Hill
Annual Cash Flow	$0	Listing Number	1003198
# of Employees	7	Business Category	Retail: Hardware, Bldg. Materials, Garden Center

Business Overview:

This established hardwood flooring store offers a proven, turnkey operation that runs smoothly under owner-absentee management. The business provides a full range of hardwood flooring products and supplies, attracting both homeowners and contractors seeking quality materials and reliable expertise. With trained staff in place, consistent customer traffic, and streamlined operations, the store functions efficiently without the day-to-day involvement of the owner.
The business benefits from strong vendor relationships, steady repeat customers, and a reputation for quality service. A new owner can step into a stable operation with immediate income and the flexibility to remain hands-off or choose to be more involved to drive growth. This is an ideal opportunity for an investor, portfolio owner, or anyone seeking a profitable, absentee-run hardwood flooring business. Inventory of approximately $1,400,000 (at cost) is not included in the sales price and will be sold to the buyer at time of sale.

Property Features and Assets:

<p>Non-Included Inventory Amount: $1,400,000</p><p>Lease Info:</p><ul><li>Square Feet: 8,600</li><li>Total Monthly Rent: $13,650</li><li>Lease Expiration: 5 years</li><li>Lease Options to Renew: 2 5-Year Options</li></ul>

Market Competition and Expansion:

<p>There is some competition in the area, however this company separates itself by having exclusive long-term exclusive rights of its products. <br></p><p>Opportunities include widening the flooring selection, enhancing digital marketing, and building more contractor relationships. <br></p>

Additional Details: