MergerPlace

Profitable Flooring Company

California (San Francisco)


  • Asking Price: $1,595,000
  • Gross Income: $4,219,028
  • Cash Flow: $524,783
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $350,000
  • Listing ID: #224544
  • Established: 1976
  • Employees: 16 FT 1 PT 2 Owners

Business Description

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 kris@mabusinessadvisors.com
to receive a confidentiality agreement and to learn more about this opportunity.


Business Details

Primary Business Category: Contractors - Special Trade
Location: California
County: San Francisco

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16 FT 1 PT 2 Owners

Financial Information

Asking Price: $1,595,000
Gross Revenue: $4,219,028
Cash Flow: $524,783
FF&E: $350,000
Inventory: $40,000
Seller Financing Available: No

Property Information

Facilities:

Light Industrial 2 Showrooms: Showroom 1 - 6400 sq ft Showroom 2 - 1900 sq ft Monthly rent for both showrooms: $8512 Options: TBD

Growth & expansion opportunities:

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

Competition:

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

Reason for selling:

Retiring

Support & Training:

Seller will provide support at no cost to Buyer. 2 weeks at 20 hours per week.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Kris Moe

Certified Business Broker