Listing #: 142-00069
Category: Construction
  • Listed Price $ 398,000
  • Down Payment $ 200,000
  • Gross Sales $ 1,561,000
  • Total Income $ 106,000
  • Equipment/Fixtures$ 160,000
  • General Location South Bay
For more information contact:
Chinee Goh
Office:
Cell: (408) 368-9800
Office Website

Home Improvements Hardwood Flooring and Installation

This is an established business in the high end residential market which is profitable with a long history of success and an impeccable reputation. The also has a team of highly skilled installers. This is very rare with most business of this type as all installation jobs are subcontracted. seller wanting to retire. The new owner will have full control and support on taking over and continuing with new projects. Also, Seller is willing to stay on part time to train and help new owner to transition. This 30 + year company is a specialty hardwood flooring and installation business serving hundreds of upscale residential customers in the mid SF Peninsula area and South Bay. Name recognition, quality and outstanding customer service differentiates this business from local competition. Turn-key operation: get started in the business day-one with all the trucks and equipment needed, high-quality robust website, name recognition and a repeat customer base and referral network.

Financial Information

  • Gross Sales:$1,561,000
  • Total Income: $106,000
  • Listed Price:$398,000
  • Down Payment $200,000

Financing: Seller Financing may be available for qualified buyer

Assets & Lease Information

  • Inventory: $143,000
  • Leasehold Improvements: $30,000
  • Equipment/ Fixtures: $160,000
  • Base Rent: $5,627
  • Total Rent: $5,627
  • Rent Deposit: $3,985
  • Year Established: 1980
  • Square Feet: 5,000
  • Lease Ends: 12/2019
  • Lease Options: 1 / 3 years
  • Categories: Construction
  • Other Assets:

Additional Information

  • Full-Time Employees:7
  • Part-Time Employees: 3
  • Contract Staff: 0
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  • Training Period: 40 hours
  • Special License Required: C15
  • Reason for Selling: Owner retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.