Luxury Hardwood & Carpet Company
- Status: Sold
- Price: $499,000


Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
This is a well-established and highly reputable business specializing in premium flooring solutions. With a prime location in the heart of Los Angeles county, this store has been serving the community for over 30 years, earning a loyal customer base and a strong reputation for quality products and excellent customer service.Key Features of the Business: Prime Location: Situated on a bustling avenue in Los Angeles County, the store enjoys high visibility and easy access for customers. Wide Product Range: They offer an extensive selection of hardwood, carpet, laminate, and vinyl flooring options, catering to both residential and commercial clients. Experienced Team: The business boasts a team of skilled and knowledgeable staff who can assist customers in choosing the right flooring solutions to suit their needs. 4 Full Time Installers, 1 Manager/salesman/ 1 Office administrative plus the owner operate this Business. Strong Supplier Relationships: With established connections in the industry, the business benefits from competitive pricing and access to top-quality materials. Positive Online Presence: The store has a well-maintained website and active social media profiles, enhancing its online visibility and customer engagement. Average Gross sales are $1,400,000 + annually. Rent is $16K inc NNN/Month Show room and Wearhouse about $10,000 sqft. Lease expires 2044. 2 Cargo Vans, 1 flat bed are included in the purchase. Why Buy this Hardwood & Carpet Super Store: Turnkey Operation: This is a fully operational business with a solid customer base, making it an ideal opportunity for both experienced entrepreneurs and those new to the industry. Profitable: This Super Store has a proven track record of profitability, offering immediate potential for a return on your investment. Expansion Potential: The store has room for growth, with opportunities to expand product lines, services, or even open additional locations. Community Involvement: Being an integral part of the community, this business allows you to connect with local customers and contribute to the area’s growth.
Business Information
Financial Information
- Annual Total:
- 1,400,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 16,000/m
- Lease Expires:
- Lease Option:
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: