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For Sale: Carpet And Flooring Store - San Francisco Area, North Bay

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Current Status: Active     Posting #: 250636     Last Refreshed: 4/18/19     BRE License #: 00559099    
Contact: Richard Waxman At 415-515-3487  -  Also Email This Contact Below
Price:  $960,000     Down:  $288,000     Adjusted Net:  $290,822     Revenue:  $2,387,000    
Attributes:  Training & Support, Owner Financing     Cooperation With Brokers?  Yes

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  Description About This Posting: Carpet And Flooring Store
Included in sale: $220,00 in net current items which includes working capital of $100,000 in cash, $40,000 in accounts receivable and $80,000 in inventory.

Located in the north bay of the sf bay area. Founded in 1997 and under current ownership since 2004. Circa 80% residential, 20% commercial accounts. No account constitutes more than 10% of sales. Well trained and experienced staff who handle sales, administration, warehousing, and installation. Attractive 11,000 square foot facility with a long-term lease available-five years and an option for additional five years-with fair minded and supportive landlord.

Reason for sale: seller wish to retire. Licenses required: business and c-15. If buyer does not currently possess the c-15 license, owner will stay on as rme (responsible managing employee) until buyer can qualify for that c license(depending on experience1+ years) .

Financing: with 30% down seller will carry a note for balance for well qualified buyer. Good fico score, re collateral, personal guarantee, and transferable business skills. Ten year fully amortization at 7% apr monthly payments of 7208.
If you would welcome a reasonable commute from within marin or sonoma counties or consider relocation to a slower life style, this is an opportunity you should not miss.

Please note this is a confidential matter and no additional information will be provided until a confidentiality agreement and background information has been submitted.

To get more information about this Carpet And Flooring Store business for sale in San Francisco Area, North Bay please phone Richard Waxman (Broker - BRE License #:00559099) at 415-515-3487 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #250636 on BizBen.com. In addition to phoning Richard Waxman, make sure you email Richard Waxman above to get more info about this Carpet And Flooring Store, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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