Profitable Flooring and Installation Business Ripe for New Owner!
Bay Area

Founded in 2011, this Flooring Sales and Installation business has thrived through thick and thin! Best of all, current Gross Revenue has been generated with almost ZERO MARKETING SPEND. With an established presence in the Bay Area, a strong recurring customer base, dozens of distributor relationships, as well as insurance company relationships, a new buyer will be stepping into a prime situation to expand on an already profitable foundation. The seller will also be handing over $170,000+ in FF&E and Vehicles, as well as over $100,000 in inventory, all included in the sales price. Landlord has stated to broker that they will offer a new three-year lease to a suitable buyer, and the online reviews for the business are extremely positive!

The current owners have built an efficient, turnkey model over the past decade that’s primed for someone with strong sales, marketing, or operations skills to take it even further. For a buyer with vision, the roadmap to local dominance is already laid. The new owners are expected to hold a C-15 Flooring and Installation license, and the current operation will not qualify for SBA Financing, which is why the sellers are open to all reasonable offers.

Listing Number:

24906

Category:

Construction

Location:

Bay Area
$495,000

Financial Information:

Gross Revenue:

$1,085,540

Listed Price:

$495,000

Down Payment:

$0

Total Income:

$246,947

Year Established:

2012

Lease Information:

Square Feet:

2400

Total Rent:

$5,800

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$170,300

Inventory:

$101,601

Other Assets:

Booklet, Displays, Large tools

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special Licence Required:

C-15 for Flooring Installation

Contract Staff:

0

Training Period:

Thirty (30) Days

Reason for Selling:

Separation of Partners

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Robin Howard
Office: (424) 832-3410 | Cell: (818) 731-6563
License #: CA DRE #01988942

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Profitable Flooring and Installation Business Ripe for New Owner!
Bay Area

Listing Number:

24906

Category:

Construction

Location:

Bay Area

Listed Price:

$495,000
brokerPhoto
Robin Howard
Office: (424) 832-3410 | Cell: (818) 731-6563
License #: CA DRE #01988942

Founded in 2011, this Flooring Sales and Installation business has thrived through thick and thin! Best of all, current Gross Revenue has been generated with almost ZERO MARKETING SPEND. With an established presence in the Bay Area, a strong recurring customer base, dozens of distributor relationships, as well as insurance company relationships, a new buyer will be stepping into a prime situation to expand on an already profitable foundation. The seller will also be handing over $170,000+ in FF&E and Vehicles, as well as over $100,000 in inventory, all included in the sales price. Landlord has stated to broker that they will offer a new three-year lease to a suitable buyer, and the online reviews for the business are extremely positive!

The current owners have built an efficient, turnkey model over the past decade that’s primed for someone with strong sales, marketing, or operations skills to take it even further. For a buyer with vision, the roadmap to local dominance is already laid. The new owners are expected to hold a C-15 Flooring and Installation license, and the current operation will not qualify for SBA Financing, which is why the sellers are open to all reasonable offers.

Financial Information

Gross Revenue:

$1,085,540

Listed Price:

$495,000

Down Payment:

$0

Total Income:

$246,947

Year Established:

2012

Lease Information

Square Feet:

2400

Total Rent:

$5,800

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$170,300

Inventory:

$101,601

Other Assets:

Booklet, Displays, Large tools

Additional Information

Full-Time Employees:

0

Part-Time Employees:

1

Special License Required:

C-15 for Flooring Installation

Contract Staff:

0

Training Period:

Thirty (30) Days

Reason for Selling:

Separation of Partners

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.