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Flooring Supply & Installation Company
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Business Services > House and Garden Maintenance




Business Summary

A well respected, long established floor covering supply and installation business generating over $1.2 million in annual sales revenue and producing more than $140,000 in consistent net cash flow for its owner operator is now available. This business specializes in sales and installation of quality carpet and flooring products. This company is located in an area that is centrally located to all of the major freeways, making it efficient to travel to jobs in the surrounding cities. The growth potential for this business is exceptional. This business sells and installs to commercial, residential and apartment accounts for many years. Open 9:30 am to 6 pm Monday through Saturday.

Facilities: The business operates out of a showroom and warehouse facility, approximately 10,000 sq.ft. The lease is currently month-to-month with an option for a lease of 3-to-5 years.

Competition: The primary competition comes from home improvement centers, like a Home Depot. There is also some competition from online vendors of floor covering materials. However, this company's exceptional reputation for having employees with expert knowledge of flooring products and applications positions this company with an advantage over its competitors. The company is price competitive because it is a member of an international co-op giving it access to very favorable product pricing.

Expansion: The company is considering adding cabinets, as well as closet systems, window treatments and granite product lines to its well established flooring product line.
These new product lines would be an ideal expansion opportunity for a new business owner.

Employees: The company currently has 3 full time Employees not including the seller, as well as 4 Installers whose hours vary. Seller anticipates that all employees will remain with the new owner.
Established over 40 years with one full-time

For more information, please contact Greg Michail at (626)395-0717.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,242,747
Cash Flow:   $140,293
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  FF&E- $150000 (incl); Inventory- $75000 (incl)
Seller Financing:  Not Disclosed

About The Business

Year Established:  1976
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks @ 20 hrs per week
Reason For Selling:  Retirement

Photos

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Flooring Supply & Installation Company Photo 1




Print Listing Id: 700314305
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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