Flooring Store For Sale - SW Riverside, California, CA

PROFILE: High Volume Flooring Store. Priced Right.

AD/LISTING INFORMATION
Status: Available
State: California
Location: SW Riverside
County: Riverside
City: None Given
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  130867
Seller Or Contact:  Joe Atchison
Primary Phone:  951-277-4002
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/22/08
Date Ad Last Revised:   10/22/08

FINANCIAL INFORMATION
Asking Price: $275,000
Down Payment: $225,000
Annual Revenue: $1,587,100
Annual Adjusted Net: $244,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: High Volume Flooring Store – Priced Right!

Business Summary:

Beautiful Showroom With A Great Lease. The Store Sells And Installs Wood, Carpet, Granite, Travertine, Slabs, Porcelain Tile, And Laminates. The Business Does Their Own Installations. They Offer A Wide Selection, Low Prices And Designer Service. Profitability Is Strong Due To Their Offshore Sourcing Of Materials.

One Of The Keys To Their Success Is A Very Knowledgeable And Motivated Sales Team That Is On Straight Commission. The Business Has Frontage On One Of The Busiest Avenues In A Town In Southwest Riverside County. The Business Caters To Home-Owners, And Contractors With 35% Of Revenues From Repeat And Referred Customers.

General Information

Year Established: 2006

Employees: Four Full-Time Employees At A Monthly Cost Of $10,600

Facility: Beautiful 3,700 Square Foot Showroom And An Adjacent 2,000 Square Foot Warehouse At A Lease Cost Of $8,340/Month (Including Cams) Expiring In July, 2013 With A 5 Year Renewal Option.

Price Includes: Tenant Improvements, Office And Computer Equipment And Software With A Total Cost Of $211,000. Inventory Of $10,000 Not Included

Support/Training: Seller Will Provide Training.

Reason Selling: Family Issues

Asking Price: $ 275,000

Gross Revenues: 1,587,100

Seller’s Discretionary Earnings: 244,100

For More Information On This Business Opportunity, Please Contact D. Joe Atchison At 951/277.4002 Or J.Atchison@sunbeltnetwork.Com.

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