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For Sale: Specialized Kitchen And Bath Flooring Shop - Los Angeles

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Current Status: Active     Posting #: 248032     Last Refreshed: 6/19/19    
Contact: Michael Raad At 626-204-2319  -  Also Email This Contact Below
Price:  $650,000     Down:  Negotiable     Adjusted Net:  $250,000     Revenue:  $2,335,000    
Business Address:  None Given     City:  Azusa     Zip:  None Given    
Attributes:       Cooperation With Brokers?  No

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  Description About This Posting: Specialized Kitchen And Bath Flooring Shop
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.

To get more information about this Specialized Kitchen And Bath Flooring Shop business for sale in Los Angeles please phone Michael Raad (Broker) at 626-204-2319 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #248032 on BizBen.com. In addition to phoning Michael Raad, make sure you email Michael Raad above to get more info about this Specialized Kitchen And Bath Flooring Shop, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

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Helen Yoo: Escrow & Bulk Sale Services - Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.


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