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Home » Businesses For Sale » Flooring & Tile Stores » Long Beach » Listing BFS-169857

Established Flooring & Window Covering Retail Stor

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Location

  • City Long Beach
  • State California
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

The owner is reviewing all offers and is willing to carry terms for the right buyer. This retail flooring outlet has existed at this location for over 45 years. It was purchased by the current owner nine years ago and the name was changed at that time. Due to serious health problems the owner has decided to sell the store and is willing to train the new owner for a full month as part of the purchase price of the company.

The company sells the following products through its retail outlet.
Carpet Tile Hardwood
Laminate (Pergo) VCT Tile Vinyl/Linoleum
Granite Blinds Window Coverings

Window coverings are a new line and are rapidly growing. They are a nice additional sale when working with home owners who are upgrading or remodeling their home. All installation services are handled through a network of independent contractors the company has developed over the years.

The company draws its clientele from the Long Beach area and is well established in the middle and upper income demographics of the area.

They do not stock any inventory and the show room is stocked with samples only. Being able to obtain any in-stock merchandise from the supplier’s local warehouses has allowed the company to be able to charge the customers for the merchandise at time of order and in most cases still supply them with overnight service. This model limits the amount of working capital needed to operate the business and has helped make them very profitable.

Currently the store is operating on a month to month basis although there is still one five year option on the current lease. The owner will help negotiate a new lease if needed. Now is a very good time to negotiate a favorable lease.

The owner is anxious to sell and will entertain any serious offer.

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