Popular Upscale Flooring and Remodeling Business - SC2122

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Popular Upscale Flooring and Remodeling Business - SC2122

Listed by Business Broker
 Popular Upscale Flooring and Remodeling Business - SC2122

Asking price $1,900,000


Cash Flow: $506,654

Gross Revenue: $7,369,067

EBIT DA: No Data

FF&E: $275,000

Inventory: No Data

Established: 1986

Type: Independent

Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(916)8002090


Business Description:

This Northern California Remodeling, Design and Flooring Business is a California S Corporation and was founded in 1986 and under current ownership since 2013. They offer a wide selection of high-quality specialty engineered hardwood, carpet, tile and laminate, as well as a vast array of custom surfaces, including granite, quartz and more. Services provided include flooring installation and remodel construction, granite fabrication, kitchen and bathroom design and remodeling. They carry a 5 Star review on their website. They operate their showroom in an affluent market in Northern California. Warehouse storage is located 5 minutes from the showroom. The company also has a commercial remodel business that operates out of 1000 sq foot office located between the showroom and warehouse. A large portion of the business directly comes from word-of-mouth, professional referrals and repeat customers. Considering the number of years, they have been in business, they have a large installed base of customer and a superior reputation in market. Marketing in several venues including Google, Yelp, Comcast, social media, and their website supports their reputation. They have an exceptionally trained staff that can assist customers in all facets of flooring, design, and remodeling. The flagship location recently expanded in 2021, and it continues to grow its reach to new consumer markets, as well commercial TI work servicing clients like Holiday Inn, local retirement homes, restaurants, and retailers. Growth will continue through its brand recognition and serving new markets. Geographically this region is experiencing unprecedented growth with Bay Area relocation of both young families and retires.
 

Market Outlook/Competition

While there is competition in the marketplace, this company is preferred due to their proximity to higher end communities in Northern California. Their “white glove” style of servicing clients with its focus on quality drives the Team and grows every aspect of the business model daily. Its’ leader’s moto is “why do what everyone else can do, let’s do what most cannot”.
 
 

Support & Training

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Seller is willing to stay on and be in Sales under the new ownership with a mutually agreed upon compensation plan for an extended period.
 
 

Detailed information

  • Year Established: 1986
  • Home-Based: No
  • Franchise: No
  • Relocatable: No
  • Required Licenses: 
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Real Estate Available: N/A
  • Real Estate Value: N/A
  • Part-time Employees: 2
  • Full-time Employees: 6
  • Building Size: 3200sq ft 
  • Monthly Rent: $11,570

Broker: ProEquity Asset Management Corporation License ID: 01870526

 


Selling Reason:

Seller is selling to have more time with family. Seller is willing to stay on and be in Sales under the new ownership with a mutually agreed upon compensation plan for an extended period

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