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Luxury Hardwood & Carpet Company

  • Status: Available
  • Price: $899,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
Email:
mike@lbaweb.com
Office:
661-816-1141
Mobile:
661-816-1141
  • Listing No: 6434
  • Status: Available
  • Area: Los Angeles County
  • Price: $899,000

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

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Service Business
License(s) Required: Business
Hours of Operation: Mon-Sat 7:30 AM-5:30 PM, Sun Closed
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6434
Date Available: 09/12/2023
Reason For Sale: Retirement

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:

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