$1,650,000

Prosperous Floor Covering Store

California/No city
Financials
  • Price: $1,650,000
  • Gross Income: $4,883,562
  • Cash Flow: $508,655
  • FFE: $0
  • Inventory: $150,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #10587
  • Year Established: 2001
  • Financing: SBA approved
  • Training: 4 weeks, 40 hours per week
  • Facilities: Rent $ 12,081, 12,016 square feet, A/R $500,000 included in purchase price Hours Monday thru Friday from 8 am to 5 pm, Saturday from 10 am to 3 pm, Closed Sundays Training 4 weeks, 40 hours per week
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

This retailer does not advertise. Yet the phone rings off the hook and sales roll in regardless, due to business from repeat customers and word-of-mouth referrals. Established 20 years, the store has provided a constant and bountiful flow of profits to the owner, who describes his business as recession proof. He works 5 days per week, 8-5, no weekends. Includes a highly proficient staff with long term employees. Membership in a national buying group enables the owner to compete with the big box chains in price and selection. 5-star rated in Yelp for customer satisfaction. A new owner can quickly increase revenues by starting to advertise, plus hiring someone to implement internet search engine optimization and internet marketing. Seller and lender will assist a buyer who needs to acquire a C-15 license. Pre-approved SBA financing with a modest down payment. 10587

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Business Listed By

1475 S Bascom Ave, Suite 113, California, Campbell