Profile: 600K Plus Profits! Priced 999K Carpet Wholesale/Installation. Sales Steady!
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$999,000 |
| Down Payment: |
$200,000 |
| Annual Revenue: |
$2.850,000 |
| Annual Adjusted Net: |
$643,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This Well-Known Full Service Carpet, Vinyl, Tile And Molding Cash And Carry Business Has Been Established Since 1985 And Does Both Sales And Installation
Over The Last Three Years The Company Has Averaged Approximately 2,900,000 In Sales With Adjusted Earnings Of Over 600,000. For The Last Six Months, Through, September 2008 The Sales Are Tracking At A Rate Equal To The Previous Year. The Majority Of The Company’s Sales 80% Plus Is Carpet Sales Which Are Broken Down In To Multiple Categories: 1.) High-Margin Installation And Product Sales To Real Estate Management Companies, Homeowners And Apartment Owners, 2) Wholesale To Established Commercial And Residential Contractors 3) Cash And Carry Customers Many Of Which Have Known The Company And Are Repeat Customers.
The Owner Has Diversified The Company Over The Last Several Years To Include Kitchen And Vanity Sinks, Kitchen Cabinets, Wood Moulding And Other Household Fixtures, Some Of Which Are Imported Directly From China, Which Is A Clear Growth Area For The Company. The Business Has Doubled Over The Last 12 Months!
The Company Is Known For Having A Large Selection And Offers The Customer “Wholesale” Pricing And Quick Turn Around On Their Orders. The Customer Base In Made Up Mostly From The Affluent San Mateo And San Francisco Counties.
The Company Has A Long Established Employee Base And Management Duties Are Split Up Between Several Long Term Employees. The Current Owner Oversees The Business But On A Part-Time Basis But This Is Ideal For A Full Time Owner. The Employees Are Well Trained And Have Been With The Company For An Extended Period Of Time. There Are Four Installation Crews, A Sales Manager And Addition Staff Ready To Support A New Owner. This Is A Turn-Key Operation.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
George Arabian, Broker at 415-686-0598 Non Disclosure Agreement |
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