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$99,000
Sold For
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$344,000
Revenue
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Yes
SBA Financing
Orange County flooring & installation company established in 2004, gross sales of over $344,000 and net profit of $95,899.
Financial Summary
| Summary | 2017 |
| Revenue | $344,000 |
| Cost of Goods Sold | $108,874 |
| Gross Margin | $139,130 |
| Operating Expenses | $118,843 |
| Net Profit | $20,287 |
| EBITDA | |
| Owners Benefits | $65,612 |
| Discretionary Earnings | $95,899 |
Family circumstances are forcing immediate sale of the business and this presents a great opportunity to acquire a well established business at a great price!
The company sells and installs high quality carpet, hardwood flooring, tile, and laminates at very competitive prices. The company has an excellent reputation throughout Orange County and LA with a 4 ½ Star Yelp rating and 65 reviews.
The company has a C15 Contractor’s License, access to 8 crews (independent contractors) that install carpet, hardwood floors, laminate, and tile flooring.
The business is run and sales are accomplished by the owner. Due to family issues seller is only able to run the business and sales on a part time basis. The company has generated sales of over $985K in the past with previous full time owner and 1 part-time sales person. Use of local advertising to generate sales leads and marketing materials are available. Excellent lead sources from Angie’s List has recently been discontinued because of current owner’s lack of availability.
The sale of the business includes 3 forklifts and 2 vans (used for sales and installation) plus warehouse racks and office equipment. Typical inventory value is $50,000 (at cost) which is not included in asking price.
Asking $99,000 plus inventory. This is a great opportunity for the right buyer to reap immediate benefits from a well established business that needs a full-time owner willing to put in the time.
Represented by Bill Grunau, Orange County Business Broker, Pacific Business Sales