Profitable Flooring Retailer With Great Reputation

Santa Clara County, CA

Flooring Retailer With Great Reputation
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Asking Price: $275,000

Cash Flow: $135,668

Gross Revenue: $1,174,024

EBITDA: N/A

FF&E: $20,000

Inventory: $45,000*

Established: 1940

*not included in asking price.

Profitable Flooring Retailer With Great Reputation

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Business Description

In this location for decades, this flooring retailer has repeat business from all around Santa Clara, San Mateo and Santa Cruz counties. Profitable and well staffed, this shop is ready for the next owner to continue to leverage its reputation and expand into new products and markets. A large showroom, warehouse and office space combine with plenty of parking to make this location unique.

The owner needs to sell due to recent health problems. They are willing to thoroughly train the new owner, and potentially stay with the firm as an employee as long as their health will allow it.

*SBA Lenders have offered interest in financing qualified buyers for this business.

Detailed Information

Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large standalone building on a lot that can accomodate storage, parking and inventory. Up to 7 years available on the lease. The showroom is expansive and would easily support new lines of home improvement products
Competition:
There are other big outlets in the marketplace in the bay area, but this store and it's staff have a very personal touch that is appreciated and noted by their clientele. The location is exceptionally close to wealthy bay area neighborhoods.
Growth & Expansion:
Owner had plans to add cabinets and other products for sale. There is room in the facility and the staff is ready to go.
Support & Training:
Well trained staff will stay. Current owner will train new owner and could potentially be retained as a sales person or other function.
Reason for Selling:
Health problems
Business Website:
http://westernbusinesssales.com
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Robert Hartman

Business Listed By:
Robert Hartman

Western Business Sales

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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. Indicates membership in The California Association of Business Brokers (CABB).

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