Total of 18659 firms and businesses for sale today Monday 13th May 2024
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Business For Sale. High Growth Carpet Retailer

LISTING DETAILS
Firms For Sale ID:
11055
Vendor reference:
796133
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$5,300,000  
Turnover / revenue:
$1,600,000
Net profit / cashflow:
$11,000,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This is a rare opportunity to acquire a dominant player in the Southern California flooring industry. This retailer has been in business for over 23 years in the Southern California area. It enjoys rapid growth from sales of carpet, hardwood flooring, and rugs to homeowners in the Southern California region. Currently, there are 6 stores located across Los Angeles, Ventura, San Bernardino and Orange Counties. Further, there is a an expansion plan in place to more stores. Last year, the company made close to 24;11 million in annual sales. This company enjoys significant competitive advantage from its name recognition and volume purchases from manufactures because of its size. Still, there is room for growth from strategic partnering with non-standard flooring opportunities such as furnishings and high-end cabinetry. This is an ideal opportunity for another retailer ready to expand or a distributor situated to enjoy superior reputation and sales channels established in the Southern California region. The seller is motivated to retire from flooring industry move on to personal interests. He is willing to assist with the transition process for the buyer.For more information, please contact Mike Ahn at (310) 539-8300.