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Profitable Carpet, Floor Covering Supply & Installation Service

Fresno, CA (Fresno County)

Carpet Services
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Asking Price: $645,000

Cash Flow: $400,000

Gross Revenue: $4,700,000

EBITDA: N/A

FF&E: $294,000

Inventory: $140,000

Established: 1974

Profitable Carpet, Floor Covering Supply & Installation Service

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Business Description

A well respected, long established floor covering supply and installation business generating over $4.5 Million in annual sales revenue and producing more than $275K in consistent net cash flow for its owner operator is now available. This business specializes in high quality carpeting and flooring products for its clientele in the very high growth new home construction and home remodeling market industries.

This company is located in an area that’s now booming in these market sectors with high growth being projected per annum for the next 10 to 15 years. The growth potential for this business is exceptional.

The Seller has expressed a strong commitment to the business and its future and desires to remain with the company but wants to give up the “day-to-day” responsibility for running the business and spend more time focusing on sales and customer service where the Seller’s true passion and expertise lies.

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Detailed Information

Location:
Fresno, CA
Inventory:
Included in asking price
Employees:
7 FTE, 2 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
The primary competition comes from Home Depot and Lowes. 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.
Growth & 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.
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Other Business Interests
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Phil Holt

Business Listed By:
Phil Holt, DRE #01731143

Sunbelt San Francisco

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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