Category:
PH10668 - Building and Construction
Location:
Northern California - Northern California
Business Description:
Established in 1995 and under current ownership since 2001, this flooring business primarily serves property management company and commercial office space clients who manage large, multi-unit residential apartment complexes and large office buildings. Retail sales to homeowners represent about 10% of total sales, providing an opportunity for a buyer to grow the business. Operated by the two owners with no employees, all installations are done by licensed subcontractors. Hours of operation M-F 9 am - 4 pm. Both owners retiring on April 30, 2022 so the target for change of ownership is May 1, 2022.
Inventory (included):
$10,000
12 Months Ended
12/31/2021
$1,006,211
(Sales)
$195,280
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$849,866
(Sales)
$184,677
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$1,008,189
(Sales)
$235,189
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$1,125,887
(Sales)
$261,407
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 0 | 0 |
Owners | 2 | 0 |
Hours of Operation
M-F 9 am - 4 pm
Licenses Required:
Monthly Rent Including NNN:
$4,414
Expires:
04/30/2023
Option:
For 10 years
Size(sq.ft.):
3,133
Type of Organization:
C Corp
Reason for Sale:
Retirement
Training:
2 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.