Well-Established Flooring Company

, California 27 views 0 favorites

Financial Highlights
Asking Price
$499,000
Revenue
$3,400,000
Business Description

Currently in Escrow. Very well-established and well-known full-service flooring company that sells and installs carpet, luxury vinyl plank/tile, wood, tile, sheet vinyl, and laminate to both residential and commercial customers. The Company is the primary vendor for a handful of repeat commercial customers/general contractors. Great location on high traffic street. The owner only works very part-time. Three and half years are left on the current lease and there is a five-year option. Well-trained professional staff. Excellent reputation. A very well-designed website and effective marketing strategy. Adjusted net income was down slightly from 2019 to 2020 because of COVID, but 2021 was a record year. Great opportunity for flooring company looking to expand, or owner looking to get into the flooring business either working part-time or full-time. Location: San Diego County, California Number of Employees: 8 Real Estate: Leased Building Sq. Ft.: 4,000 Rent: $6,867.00 Per Month Lease Expiration: 6/1/2024 Facilities: 4000 square foot showroom and warehouse with great visibility on very busy street. Market Outlook/ Competition: Extremely well-known business with a great reputation Growth & Expansion: Full-time owner can take business to the next level. Opportunity to grow if the new owner also focuses on growing commercial sales.

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: 8 hours ago

Views: 27

Favorites: 0