Profile: Growing Successful Contract Floor Covering Business.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Bill Davies, Agent
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| Primary Phone: |
916-933-9111 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
6/4/08 |
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| Date Last Revised: |
6/4/08 |
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| BizBen Ad #: |
59188 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$3,000,000* |
| Down Payment: |
Submit |
| Annual Revenue: |
$5,100,000 |
| Annual Adjusted Net: |
$800,000 |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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* Price Includes Approx. 2.0M In Accounts Receivable, 450K In Inventory, Plus Equipment.
Increasing Sales And Cash Flow For A Growing & Successful Wholesale Contract Floor Covering Operation That Was Established In 1967 And Currently Serves N. California, Nevada, Arizona And Washington, And Can Be Easily Expanded To Serve Other States. Current Management Expects To Meet Or Exceed 2007 Figures In 2008. Owner Manages The Business Through A General Manager And Has 6 Sales People, 25 Sub Contract Installation Crews As Well As 2 Support Staff Persons And A Warehouseman. Recent Growth Has Been Solid And Is Indicative Of Additional Growth That Can Be Attained With More Aggressive Marketing. Real Property Available If Desired. Acquirer Will Need To Purchase Work In Progress. Sales And Adjusted Net Are For 2006, Seller States Final 2007 Figures Will Be Very Similar To 2006.
This Is A Retirement Situation, However, Seller Will Stay On For An Agreed Upon Time To Ensure That The Acquirer Is Full Trained And Is Comforatable With The Business. There Is A Team Of Experienced Employees In Place. Excellent Opportunity For Someone Who Has The Skills To Grow An Already Outstanding Business.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Bill Davies, Agent at 916-933-9111 |
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