Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Brow Art 23 Franchise Opportunity

Wild Bird Centers Franchise Opportunity

Wireless Zone Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

High Volume / Profit Flooring, Cabinet Retailer
Location: United States -> California -> Northern California - Bay Area
Industry: Retail > Home and Garden Retail




Business Summary

This is a 26 year old business that built its reputation selling and installing carpet and vinyl. It also offers cabinets, molding imported from China, and household fixtures. Unlike most of its competitors, the company carries a large inventory, including remnants, which allows for immediate product delivery. This model has created loyal customers who need to get the job done without waiting for supplies to be delivered. Lowe's Home Improvement recently opened across the street. This has reinvigorated the neighborhood with the company experiencing greater traffic and sales. This is a Cash-and-Carry business with 20 years remaining on its lease. Priced at 379,000 with annual adjusted earnings exceeding 150,000 over last several years this is an exceptional opportunity! The company has a strong customer base and excellent reputation. Over the last several years, company sales have ranged from 1,,900,000 to 2,900,000. 2010 revenues were 2.6MM and sales are tracking upward for 2011. The majority of company revenues are generated by carpet sales which are broken down in to the following categories: 1.) high-margin installation and product sales to Real Estate Management Companies, Homeowners and Apartment owners, 2) wholesale to established commercial and residential contractors 3) cash and carry customers many of which have known the company and are repeat customers. The owner has diversified the company over the last several years to include kitchen and vanity sinks, kitchen cabinets, wood molding and other household fixtures. Growth opportunities: The company historically performed school, miscellaneous government and commercial installations which generated revenues close to 10,000,000 per year. The business had a dedicated outbound sales force, but the owner scaled back due to several factors, not the least of which deciding not to work in the company full time.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $2,500,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1984
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Retire.




Print Listing Id: 700171192
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700171192
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.