High Volume Flooring Business- Retail/Installation/Wholesale

, California 6 views 0 favorites

Financial Highlights
Asking Price
$2,000,000
Business Description

Established 26 years ago as a retail flooring store this business has expanded into a Full-service flooring operation. Wholesale, Retail, and Installation- ALL IN ONE. A very impressive operation ran with 3 businesses that all complement each other. The combination allows for VERY LOW OVERHEAD and HUGE MARGINS. Average ticket for retail is $10-15,000, wholesale operation ranges from $10-$100,000 +. The retail side, a luxury flooring boutique is the part of the business that has the highest mark ups. These customers are mostly home-owners. Installation services are offered with every purchase. Majority of sales are with installation included. High volume sales, great net income. Everything can be verified. Call for details. Location: Los Angeles County, California Year Established: 2016 Number of Employees: 7 Facilities: Businesses are all operated out of a 2-unit building, with a combined sqft of 31,000. This includes a showroom, a huge warehouse space and a back warehouse that is used for the installers. Business purchase comes equipped with vehicles, forklifts, and all of the tools needed to continue to operate successfully. Inventory is also included in sale price. Market Outlook/ Competition: Business has established itself throughout the LA area as the go-to business for interior designers looking for top-notch products that are higher-end and that look good. Owner is part of (ASID) American Society of Interior Designers. He offers private appointments with interior designers with their clients. An elegant showroom displays luxury flooring brands that unique and not available in many other stores. Many are European. This is a niche that has helped him tremendously. Growth & Expansion: Business location is excellent. Located on a busy street with excellent visibility. The area is known as a hub for flooring and construction. Located just miles away from million-dollar homes. This attracts the high-end clientele that demand the best at whatever the cost. These products they purchase are often European luxury flooring brands that are very well known in the industry. For the middle to lower-end clientele, clients are given the option to shop at the next door at wholesale part of business. They compete very well on price with and provide better quality products than local home improvement retailers. The business offers all major flooring brands.

Business Details
Industry:
Building & Construction
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 5 hours ago

Views: 6

Favorites: 0