Flooring Materials and Supplies Store
Location: California > Los Angeles County > Los Angeles
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $250,000
Gross Revenue: $295,000
Cash Flow: $85,000
Inventory: $90,000 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Seller Financing: Partial seller financing available to qualified buyer.
Business Summary
The business is priced to sell and includes all inventory (approx. $90,000) and substantial furniture, fixtures and equipment, including truck (approx. $50,000). The seller is highly motivated and is willing to provide some financing to a qualified buyer.

This business is a wholesaler and retailer of tile and other flooring products, including other hard surface (hardwood floors) materials and carpet, to contractors (60 percent) and homeowners (40 percent). The store offers a vast selection of tile product, tools and setting materials and is quickly becoming known as a "One Stop Shop." The store is clean and very well organized and easy to operate, employing state-of-the art systems, including bar code scanning for inventory control and advanced security and monitoring systems. All of the installations to the retail homeowner are subcontracted to a handful of contractors who purchase product from the store.
About the Business
Year Established: 2005
Employees: 1 full time -
Facilities: Seller owns building on major boulevard in Los Angeles and shall provide buyer with new lease on favorable terms. Seller recently made substantial tenant improvements to retrofit building to suite business operation which will benefit new owner.
Market Outlook and Competition: Currently, the owner is traveling back and forth in and out of the country and has been unable to focus his attention on growing the business which offers huge potential.
About the Sale
Management Training and Support: Seller to provide full training and support.
Reason For Selling: Reason for sale: This is a new business (established at the end of 2005) which is quickly "Catching Fire." For personal reasons, the seller has been forced to relocate his family out of the country and wishes to join them on a permanent basis. The business Is currently being operated by a full-time employee who the owner supervises on a part-time basis.
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Listing Tools
BizQuest ID:874541
Seller ID:4141
Business Listed By
Name:Kenneth L. Sherman, Esq.
Company:Quantum Business Solutions Network, Inc.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.