Profitable Flooring Company, with Financing

Orange County, CA

Seller Financing Available
Profitable Flooring Company, with Financing
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Asking Price: Get Financing: $250,000

Cash Flow: $86,124

Gross Revenue: $767,990

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Lease Rate: $8,520 /Month

Established: 1954

Profitable Flooring Company, with Financing

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Business Description

We are proud to present this well-known and established flooring business that has been serving Orange County for over 50 years! The 2,300 sq. ft. showroom is ideally located in a downtown shopping district surrounded by home decor boutiques, restaurants, retail stores and art galleries. This family owned business s known for their customer service, quality products, competitive pricing and using experienced installation crews. Serving homeowners, contractors and commercial clients, the business has on display an extensive line of name rand carpet, tiles, stone, hardwood flooring and window treatments. According to industry reports, homeowners spending on remodeling will continue to see healthy growth until 2025. Business is showing a nice sales increase in 2018 with $612,808 in revenues through June with net income of $98,000.

flooring, carpet, rug, interior, design,

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
2/28/2020
Facilities:
A beautiful 2,300 sq. ft. showroom located in a downtown shopping area. Surrounded by home decor boutiques, restaurants, retail stores and art galleries.
Competition:
According to industry reports, homeowners spending on remodeling will continue to see healthy growth until 2025
Growth & Expansion:
Most of their sales come through repeat and referral business. Company does very little advertising. Great opportunity for growth by creating and implementing a marketing plan.
Financing:
100000
Support & Training:
The owner will train the new buyer for 4 weeks on the operations, product knowledge and working with customers on the selection of floor coverings.Good business for a husband and wife team.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Chip Alstrin

Business Listed By:
Chip Alstrin

Sunbelt Business of San Diego

Show Phone Number

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Sponsoring Broker:
Hal A. Janke, Pres., CBI, CBB,FIBBA

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