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Asking Price$453,000
Revenue$1,578,000 Established1987
Cash Flow$196,000 Employees2 full-time
FF&E$25,000* FranchiseNo
Inventory$51,171 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
We are proud to present this well-known luxury designer flooring business that has been established for over three decades. Business is located within San Diego County. Situated amongst other similar businesses on a busy street with ample parking. 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 grew by 57% in 2017 to over $1.5m 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 owners are 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.

DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.

Real Estate Number: 01239761
Competition:very little competition as a high-end designer flooring company
Growth Potential:sales growing incrementally each year
Training/Support:seller will train 4 weeks
Ad #102943
Seller Reference #SDCOAST001-N402
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Hal Janke, Pres.,CBI, FIBBA
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