Included in sale: $220,00 in net current items which includes working capital of $100,000 in cash, $40,000 in
accounts receivable and $80,000 in inventory.
Located in the North Bay of the SF Bay Area. Founded in 1997 and under current ownership since 2004. Circa 80% residential, 20% commercial accounts. No account constitutes more than 10% of sales. Well trained and experienced staff who handle sales, administration, warehousing, and installation. Attractive 11,000 square foot facility with a long-term lease available-five years and an option for additional five years-with fair minded and supportive landlord.
Reason for sale: seller wish to retire. Licenses required: Business and C-15. If buyer does not currently possess the C-15 license, owner will stay on as RME (Responsible Managing Employee) until buyer can qualify for that C license(Depending on experience1+ years) .
Financing: with 30% down seller will carry a note for balance for well qualified buyer. Good FICO score, RE collateral, personal guarantee, and transferable business skills. Ten year fully amortization at 7% APR Monthly payments of 7208.
If you would welcome a reasonable commute from within Marin or Sonoma counties or consider relocation to a slower life style, this is an opportunity you should not miss.
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 contact Richard Waxman at 415 515 3487 to receive a confidentiality agreement and learn more about this opportunity.
Off busy street with other commercial businesses nearby. No foot traffic, but excellent freeway access. Attractive one-story commercial/retail space with ample parking, attractive display area, and administrative offices.
Could expand services into related areas.
Home Depot, Friedman's Hardware -Higher quality service
Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.