Carpet, Vinyl, Tile, Molding Wholesaler & Installation For Sale - San Francisco, California, CA

PROFILE: 520K Profits Priced 999K Home Products Sales Installation.

AD/LISTING INFORMATION
Status: Available
State: California
Location: San Francisco
County: San Francisco
City: San Francisco
Primary Category: Wholesale/Distribution
Alternate Category:   Service Related
CONTACT INFORMATION  
USABizMart Ad #:  129554
Seller Or Contact:  George Arabian
Primary Phone:  415-296-5202
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  9/25/08
Date Ad Last Revised:   9/25/08

FINANCIAL INFORMATION
Asking Price: $999,000
Down Payment: $200,000
Annual Revenue: $3,083,000
Annual Adjusted Net: $520,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: This Well-Known Full Service Carpet, Vinyl, Tile And Molding Cash And Carry Business Has Been Established Since 1985 And Does Both Sales And Installation. Priced At 999,000 With An Adjusted Earnings Of Over $500,000 For The Last Three Years This Is An Exceptional Opportunity! The Company Has A Strong Customer Base And Reputation Beginning In 1985.

Over The Last Three Years The Company Has Averaged Approximately 2,900,000 In Sales With Adjusted Earnings Of 520,000. The Owner Has Diversified The Company Over The Last Several Years To Include Kitchen And Vanity Sinks, Kitchen Cabinets And Other Household Fixtures, Which Is A Clear Growth Area For The Company. The Company Has Established Strong Vendor/Supplier Relationships Including Sourcing Products Direct From China Over The Last Four Years And This Will Continue To Be A Key Growth Area For The Company. The Imported Products Have Clearly Made A Positive Impact On The Business Given The Steady Revenues The Company Has Produced Over The Last Three Years.

The Company Is Known For Have A Large Selection And Offers The Customer “Wholesale” Pricing And Quick Turn Around On Their Orders. Its Customer Based In Made Up Of 75% Residential Homeowners And Contractors With The Remaining 25% Commercial Contractors, Mostly From San Mateo And San Francisco Counties, Though Customers Drive From The East Bay To Get The Pricing And Selection The Company Offers. Some Of The Major Carpet Lines Are Shaw, Mohawk, Royalty And Beaulieu. Some Of The Higher End Fixture Lines Include Grohe, Toto And Hansa. The Owner Has A C15 License And Is Willing To Work Out An Arrangement With A New Owner To Use This License Until They Can Get Their Own License.

The Company Is Managed By A General Manager And The Current Owner Oversees The Business But On A Part-Time Basis. The Employees Are Well Trained And Have Been With The Company For An Extended Period Of Time. There Are Four Installation Crews, A Sales Manager And Operations/Office Manager Ready To Support A New Owner.

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