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Full Service Carpet and Flooring Sales/Install Co. for Sale in San Francisco

Reference #: 41140894
Location: San Francisco
Price: $999,000
Amount Down: $999,000
Revenues: $3,083,981
Discretionary Earnings: $583,689
Total Assets: $0
Business Description:

This well-known full service carpet, vinyl, tile and molding cash and carry business has been established since 1985 and does both sales and installation. Priced at $999,000 with adjusted earnings of over $600,000 for the last three years this is an exceptional opportunity! The company has a strong customer base and reputation given it has been servicing the same customer base since 1985.  Over the last three years the company has averaged approximately $2,900,000 in sales with adjusted earnings of $608,000. The majority of the company's sales 80% plus is carpet sales which are broken down in to three categories: 1.) high-margin installation and product sales, 2) wholesale to established commercial and residential contractors, 3) cash and carry customers many of which have known the company and are repeat customers. The owner has diversified the company over the last several years to include kitchen and vanity sinks, kitchen cabinets, wood moulding and other household fixtures, which is a clear growth area for the company. The company has established strong domestic vendor/supplier relationships and over the last four years has sourced products directly from China which is a key growth area for the company. The imported products have clearly made a positive impact on the business given the steady revenues the company has produced over the last three years.


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.