Business For Sale Listing 152117
High Volume Flooring Store, Priced Right!
Status as of Dec-3-2008 at 06:00 PM: Active
Business Summary
High Volume Flooring Store – Priced Right
Business Summary:
Beautiful showroom with a great lease. The store sells and installs wood, carpet, granite, travertine, slabs, porcelain tile, and laminates. The business does their own installations. They offer a wide selection, low prices and designer service. Profitability is strong due to their offshore sourcing of materials.
One of the keys to their success is a very knowledgeable and motivated sales team that is on straight commission. The business has frontage on one of the busiest avenues in a town in Southwest Riverside County. The business caters to home-owners, and contractors with 35% of revenues from repeat and referred customers.
GENERAL INFORMATION
Year Established: 2006
Employees: Four full-time employees at a monthly cost of $10,600
Facility: Beautiful 3,700 square foot showroom and an adjacent 2,000 square foot warehouse at a lease cost of $8,340/month (including CAMs) expiring in July, 2013 with a 5 year renewal option.
Price Includes: Tenant improvements, office and computer equipment and software with a total cost of $211,000. Inventory of $10,000 not included
Support/Training: Seller will provide training.
Reason Selling: Family issues
Asking Price: $ 275,000
Gross Revenues: 1,587,100
Seller’s Discretionary Earnings: 244,100
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,587,100) |
| Profits: |
Between $100 Thousand and $500 Thousand (244,100) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (275,000) |
