Profitable Flooring Store 35 hr/wk. No Weekends!

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
PH10668 - Building and Construction

Location:
Northern California - Northern California

Profitable Flooring Store  35 hr/wk.  No Weekends!

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.


Asking Price: $525,000


Inventory (included):
$10,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

8.5 Months Ended

9/18/2021

$779,138
(Sales)

$235,477
(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

$1,125,152
(Sales)

$262,504
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 0
Owners 2 0

Hours of Operation
M-F 9 am - 4 pm

Licenses Required:

  • City Business License
  • C-15 Flooring License

Lease

Monthly Rent Including NNN:
$4,434

Expires:
04/2022

Option:
For 10 years

Size(sq.ft.):
3,133

Miscellaneous

Type of Organization:
C Corp

Reason for Sale:
Retirement

Training:
2 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

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.