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For Sale: Flooring Retailer - High Margins, Repeat Clients - SF Bay Area

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Current Status: Active     Posting #: 251939     Last Refreshed: 5/22/19     BRE License #: 01369638    
Contact: James Nero At 415-384-1970 , 415-384-1970  -  Also Email This Contact Below
Price:  $595,000     Down:  $90,000     Adjusted Net:  $250,000     Revenue:  $3,222,151    
Business Address:  None Given     City:  None Given     Zip:  94115    
Attributes:  Semi-Absentee Run, Training & Support, Real Estate Available, Owner Financing, Asset Sale     Cooperation With Brokers?  Yes

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For Best Results & Response, Email & Phone This Contact: James Nero at 415-384-1970 and 415-384-1970.

  Description About This Posting: Flooring Retailer - High Margins, Repeat Clients
Rare opportunity to own a premier location for a top flooring retailer serving the most elegant homes in the community, leveraging long-term relationships with top designers and reaping the benefits of repeat business from third-generation clientele. After more than 50 years in the business, the owner is selling to retire. In recent years, the owner has employed a Store Manager so that he/she could run the business mostly absentee. A new owner/operator could step in and potentially increase sales and improve the bottom line.rnrnSales were more than $3.8 million in 2016 when the owner was more active in the business. The business leases a large, beautiful showroom, and the Seller owns a 6,000 sq ft warehouse with office space a few blocks away. The warehouse is available for sale. Although this is a franchise, there are no royalties. The franchisee pays a $6,000 annual fee for the name and to benefit from the volume buying agreements the franchisor has negotiated with more than 130 vendors. About 80 percent of the products sold in the store are private-labeled, which helps maintain high margins.rnrnSkilled installation is 100 percent in-house, not subbed out. Growth could come from extending the store operating hours, pursuing commercial accounts (current business is residential only), and/or adding ceramic tile and hardwood.

To get more information about this Flooring Retailer - High Margins, Repeat Clients business for sale in SF Bay Area please phone James Nero (Agent - BRE License #:01369638) at 415-384-1970 and 415-384-1970 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #251939 on BizBen.com. In addition to phoning James Nero, make sure you email James Nero above to get more info about this Flooring Retailer - High Margins, Repeat Clients, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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AJ Rana - Business Broker, San Francisco Bay Area

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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.

Elizabeth McGovern: Escrow Services - SF Bay Area

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