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Listed by:

M&A Business Advisors

Broker license number: 02058745/01989230

Profitable Flooring Company Sf Bay Area For Sale

San Francisco Bay Area, California - North, US
Asking Price:
$1,595,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,219,028
Cash Flow:
$524,783

Highly profitable flooring company serving the Northern California area for over 40 years.

The company specializes in sales and installation of hardwood floors, prefinished hardwood, luxury vinyl, laminate, and carpet. There are two showrooms where the knowledgeable sales team assists clients and long-term accounts with an extensive selection of top-quality products. The showrooms are updated continually to showcase the latest products, colors and trends.

Services Provided Include:

• Raw Hardwood Installation
• Prefinished Hardwood Installation
• Luxury Vinyl Plank and Luxury Vinyl Tile
• Carpet Installation

Primary customers are Contractors, Homeowners, Rental Property Owners, Commercial Businesses, Schools, Churches, Restaurants and Wineries.

Current marketing consists of newspaper, trade journals, internet and a company website with most business generated through referrals and the website.

There are 17 Full-time, trained employees in place with expertise of industry trends and highly skilled craftsmen for installation sites.

Seller is retiring after many years in the business.
Buyer must have C-15 Contractor’s License.
Experience in the industry or related construction field is a plus.

As per seller, growth will continue for many reasons including the fact that there is a huge demand for hardwood floors for the rebuilding of homes due to loss in wildfires. There are also growth opportunities to pursue with many design firms in the area.

Purchase price includes approximately $40,000 +/- of inventory at cost and $350,000 +/- of FF&E.

This is a unique opportunity to own a highly respected business with excellent customer reviews that generates excellent profits with future growth.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email
to receive a confidentiality agreement and to learn more about this opportunity.

Property Information

Real Estate:

Lease

Lease Terms:

Showroom 1 is 6400 sq ft
Showroom 2 is 1900 sq ft

Leasehold Rent:

8512 per month per annum

Premises Details:

Light Industrial

Size in square feet:
8,300

Business Operation

Expansion Potential:

Many growth opportunities with design firms in the area. Ongoing demand for flooring to rebuild homes burned in wildfires.
Seller to discuss

Competition / Market:

Business has been established in the area for over 40 years and has a sizeable market share.

Reasons for selling:

Retiring

Trading hours:

Monday - Saturday

Employees:
16 FT 1 PT 2 Owners
Years established:
44

Other Information

Support & training:

Seller will provide training at no cost to buyer.
2 weeks at 20 hours per week.

Financing available:

SBA

Furniture / Fixtures value:
$350,000 - included in the asking price
Inventory / Stock value:
$40,000 - included in the asking price

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