Very well established three decade old flooring and window covering sales and installation company. They offer a wide selection of floor and window coverings for residential clients (approximately 60%), commercial establishments (approximately 30%), and property managers (approximately 10%). This business has an outstanding reputation and provided services to many well known commercial clients in San Diego County. The business is located on a high traffic street with good visability and ample parking. The Company prides itself on its excellent customer service, and this is evidenced by the high volume of repeat business as well as a significant amount of referrals they receive. The Company does virtually no marketing which creates an opportunity for a new owner to take this business to even new levels. Owners are retiring and are looking for a buyer who will continue the outstanding legacy of this company. Great opportunity especially for a family where both a husband and wife want to work together.
CA DRE BROKER LIC # 01265612
About the Business
Number of Employees:
Good visability on a high traffic street
Growth & Expansion:
This company does virtually no marketing. A new owner who advertised and created a social media presence could grow the business significantly.
Asking Price: $499,500 Gross Revenue: $1,500,000Cash Flow: $171,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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