2 Locations for Sale Flooring & Remodeling Business SC2069

Detail information about the listing

 

This Northern California Flooring, Remodeling and Design Business is a California S Corporation and was founded in 1986 and under current ownership since 2013. They offer a wide selection of high-quality specialty engineered hardwood, carpet, tile and laminate, as well as a vast array of custom surfaces, including granite, quartz and more. Services provided include flooring installation and remodel construction, granite fabrication, kitchen and bathroom design and remodeling. They carry a 5 Star review on their website. They operate out of two showrooms in affluent markets in Northern California. Warehouse storage and offices are located minutes from both design centers. They also offer free in-home design consultations and estimates.

 

Competition Description

 

While there is competition in the marketplace, this company is preferred due to their proximity to higher end communities in Northern California. Their white glove style of servicing clients with its focus on quality drives the Team and grows every aspect of the business model daily. Its leaders moto is why do what everyone else can do, lets do what most cannot. They also have at their disposal construction services with longstanding relationships facilitating efficient and profitable installations, minimizing excessively long lead times.

 

Growth / Expansion overview

 

A large portion of the business directly comes from word-of-mouth, professional referrals and repeat customers. Considering the number of years, they have been in business, they have a large installed base of customer and a superior reputation in market. Marketing in several venues including Google, Yelp, Comcast, social media, and their website supports their reputation. They have an exceptionally trained staff that can assist customers in all facets of flooring, design and remodeling. The flagship location recently expanded in 2021, and its second location continues to grow its reach to new consumer markets as well commercial TI work servicing clients like Holiday Inn, local retirement homes, restaurants and retailers. Growth will continue through its brand recognition and serving new markets. Its 3rd location in Lincoln, CA is on the horizon. Geographically this region is experiencing unprecedented growth with Bay Area relocation of both young families and retires.

 

Support / Training Comments

 

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Seller is willing to stay on and be in Sales under the new ownership with a mutually agreed upon compensation plan for an extended period.

 

Reason For Sale

 

Seller wants to focus on family.

 

Home Based: No

 

Year Established: 1986

 

Franchise: No

 

Year Acquired: 2013

 

Willing to Train: Yes

 

Relocatable: No

 

Required Licences: C 15 Flooring License

 

Is Property Leased: Yes

 

Real Estate Available: No

 

Real Estate Included: No

 

Real Estate Value: N/A

 

Real Estate Asking: N/A

 

Days Open: Monday-Saturday

 

Hours Open: 10am to 5pm

 

Full time Employees: 6

 

Part time Employees: 2

 

Is Management Staying: Yes

 

Distressed: No

 

Monthly Payroll: ON REQUEST

 

Building Size: 3,200 sq. ft

 

Monthly Rent: $8,400

 

Lease Expires: 06/30/2026

 

Lease Miscellaneous: There are 2 properties and warehouse

 

Transaction Type: Buyout or Acquisition

 

Investment Type: Equity Transaction Fee: Paid by Seller