Business Details

High Volume Flooring Businesses Retail/Installation/Wholesale

Location : Los Angeles

Type of Business : Flooring Businesses Retail/Installation/Wholesale

Asking Price: $2,000,000
Inventory: $500,000

Gross Sales: $4,800,000

Summary of Business

Established 26 years ago as a retail flooring store, this business has expanded into A Full-service Flooring operation, providing a large variety of top-quality products and services.  Wholesale, Retail, and Installation- ALL IN ONE. A very impressive operation ran with 3 businesses that all complement each other. The combination allows for VERY LOW OVERHEAD and HUGE MARGINS. Average ticket for retail is $10-15,000, wholesale operation ranges from $10-$100,000 +.  Together these businesses have been running as a fine-tuned machine. This business has gained a great reputation for the variety of quality products and good workmanship.

Businesses are all operated out of a 2-unit building, with a combined sqft of 31,000. This includes a showroom, a huge warehouse space, and a back warehouse that is used for the installers.  The business purchase comes equipped with vehicles, forklifts, and all of the tools needed to continue to operate successfully. Inventory is also included in the sale price.

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Other Details

Reason for Sale: Retirement

Income

Gross Yearly Sales: $4,800,000

Rent

Total Rent: $19,100
Options: 0
Sq. Ft: 19,100

Employees

Hours of Operation: 7:30 AM To 5:30 PM Sunday 12- 3 pm

Expenses

Insurance: $21,000 per year
Electric: $1,100

Additional Details

Year Established: 2006


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