* Included in Asking Price
This is a well-established, respected floor covering supply and installation business, in operation for 27 years and the largest in its northern California county. The company specializes in providing high quality carpeting and floor covering products, window treatments, and installation services for its clientele. It is a member of one of the world's largest co-ops in the flooring industry, which gives it access to an extensive selection of quality products at very competitive prices.
While the company consistently generated annual sales of more than $2mil. and average annual net profits of about $300,000 in the years just prior to the COVID pandemic ($2.25mil. revenue and $395K profit in 2019), sales did decline sharply in 2020. However, sales are rebounding significantly as more people are spending more time at home and want to improve their home's features. The company is located in a vibrant but relatively small city near lakes and national forests offering abundant opportunities for outdoor recreational activities. By buying this business, you could live in nice environment while earning enough money to support a very comfortable lifestyle.
Required Licenses: Business, Contractor
Real Estate Number: DRE #01412454
|Competition:||Competition comes from Home Depot and some limited competition comes from smaller companies in the area. However, this business is well-established, has an excellent reputation for offering a wide selection of quality products at fair prices, and having employees with expert knowledge, which has yielded a loyal repeat customer base and on-going referrals and separates this company from its competition. It is the largest flooring company in the county. And its affiliate membership in the largest flooring co-op in the industry gives this company a pricing/service advantage that its competition cannot match.|
|Growth Potential:||Increased marketing could expand business to more surrounding areas. Additional products and services could be added. Only about 10% of companyâ€™s business comes from selling and installing window treatments. So there is plenty of room for growth in this product category|
|Training/Support:||Besides the highly competent staff, the seller will provide a new owner with a reasonable amount of time for training and transition support and, if reasonably compensated, is willing to act as the Responsible Managing Employee for up to one year or until the buyer obtains their own C-15 contractorâ€™s license. In addition, the affiliated co-op provides its members with considerable marketing and product support and access to many other valuable resources.|
|Seller Financing:||This business purchase may be SBA financeable for a qualified buyer. Or the seller may provide some|
Seller Reference #OAKLACA001-N270
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.