Highly visible, free standing Bldg. on the most traveled boulevard in the city. This well-established business generates over $2,335,000 in annual sale revenue, and producing over $250,000 in consistent net cash flaw. The business specializes in sales and installation of quality kitchens, baths and flooring. The venue services include: cabinets, granite counter tops, engineered quartz counter- tops, natural stone products, porcelain and ceramic tile, mosaic and decorative tile, wood flooring, solid and engineered, laminate wood flooring LVT& sheet vinyl ,carpet and more. This company is close to 2 major freeways making it efficient to travel to jobs in the surrounding cities. This establishment sells and installs to commercial, residential and apartments for many years. Business opens Monday through Saturday 9:00 Am -5:00 Pm.
Facilities: The business operates out of a showroom with private offices and a warehouse facility. The building size is 6,305 SF, and the lot size is 17,981 SF with ample parking spaces. Property is owned by seller. Rent for the new buyer will be $7,880 /MO gross (1.25 SF). Long term lease is possible.
Competition: The primary competition comes from the big box stores such as Laws and The Home Depot. However this company excellent reputation, individualized customer services, and the expert knowledge of its skilled workers give it an advantage over its competitors.
Employees: Currently the company has 4 full time employees, and hires as many as needed installers whose hours and schedule vary in accordance with each job.
Expansion: New owner can expand the business by adding new product lines, seek intensive marketing, and be more active on social media .Business has grown revenue in each of the past few years. Its verifiable income and great books and records would make it easy for the buyer to get an SBA loan, or seller may consider carrying a note for the qualified buyer. This is a unique opportunity for a contractor, or a savvy investor to take over a successful business and grow it to its full potential. The seller is a contractor himself but doesn't work as such. The operation is fully run by his manager. Ownership is motivated and wants to retire after 40 years in business.