Established Floor Covering & Installation Company in a Scenic Vibrant Northern CA City

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Flooring Businesses for Sale

This is a well-established, respected floor covering supply and installation business, in operation for 27 years and the largest in its northern California county. The company specializes in providing high quality carpeting and floor covering products, window treatments, and installation services for its clientele. It is a member of one of the world’s largest co-ops in the flooring industry, which gives it access to an extensive selection of quality products at very competitive prices.

While the company consistently generated annual sales of more than $2mil. and average annual net profits of about $300,000 in the years just prior to the COVID pandemic ($2.25mil. revenue and $395K profit in 2019), sales did decline sharply in 2020. However, sales are rebounding significantly as more people are spending more time at home and want to improve their home’s features. The company is located in a vibrant but relatively small city near lakes and national forests offering abundant opportunities for outdoor recreational activities. By buying this business, you could live in nice environment while earning enough money to support a very comfortable lifestyle.

Financial Information

  • $650,000 Asking Price
  • $367,000 Cash Flow
  • $1,800,000 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: Northern California
  • State: California

Financing Comments

  • This business purchase may be SBA financeable for a qualified buyer. Or the seller may provide some financing for a well-qualified buyer who provides a substantial down payment.

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2004
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 10
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: Yes
  • Inventory Value: $75,000
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • Building Size: 10000
  • FF&E Included?: Yes
  • FF&E Value: $40,000

Training/Support

  • Besides the highly competent staff, the seller will provide a new owner with a reasonable amount of time for training and transition support and, if reasonably compensated, is willing to act as the Responsible Managing Employee for up to one year or until the buyer obtains their own C-15 contractor’s license. In addition, the affiliated co-op provides its members with considerable marketing and product support and access to many other valuable resources.

Facilities

  • 10,000 sq. ft. of store space and office plus 1,000 sq. ft. of warehouse

Market Outlook/Competition

  • Competition comes from Home Depot and some limited competition comes from smaller companies in the area. However, this business is well-established, has an excellent reputation for offering a wide selection of quality products at fair prices, and having employees with expert knowledge, which has yielded a loyal repeat customer base and on-going referrals which separates this company from its competition. It is the largest flooring company in the county.
Business Listed by
image of Broker Profile
Phillip Holt
Sunbelt San Francisco #1
Listing ID
OAKLACA001-52491
License Number
1731143

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