Profitable High-End Flooring, $196,000 cash flow, S.D.

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Flooring Company strong sales and profits, San Diego
Asking Price:
$453,000

Gross Revenue:
$1,578,000
Cash Flow:
$196,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$51,171
not included in asking price

FF&E:
$25,000
included in asking price

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Business Description

Strong Cash Flow, $196,000. We are proud to present this well-known luxury designer flooring business that has been established for over three decades. Some past experience may be beneficial. Business is located within San Diego County on a highly visible blvd. with other home product retailers. Leased space is 4,959 sq.ft with a gross lease rate of ($1.49 sq.ft.) They have built their “Brand” on excellent customer service, quality products and using experienced installation crews. Serving customers, contractors and interior designers, the business has a newer, beautiful showroom to display their extensive line of exclusive luxury carpet, hardwood and area rugs.
Sales grow over the last three years to over $1,500,000 in 2017 as the “high-end” consumer market continues to expand. Most of their sales come through repeat and referral business. Company uses social media marketing and email blasts to their clients.
The owners will train the new buyer for 4 weeks on the operations, product knowledge and working with customers on the selection of floor coverings. The owner is even willing to stay on and contribute to the future success of the business before eventually retiring.
This business offers a great opportunity for a husband and wife to work together. Contractor’s License required and owner will remain until License is procured. SBA Pre-Approved.

flooring, rugs, carpet, interior, design

About the Business

Year Established:
1987
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
4,959
Facilities:
Part of a multi-tenant building, the showroom has ample parking and is strategically located.
Market Outlook/
Competition:
Very little competition as a high-end designer flooring company.
Growth & Expansion:
Sales growing incrementally each year.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
4 weeks.
Seller Financing:
Seller may carry note

Listing Info

ID:
1507579
Ad Detail Views:
1447

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$
months
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Business Listed by

Hal A. Janke, Pres., CBI, CBB,FIBBA

Sunbelt Business of San Diego
License# 01239761

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Certifications:

U.S. Census Data for San Diego County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for San Diego County, CA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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