For sale: Retail Floor store Eastern Placer County CA
[table id=1 /]Do you enjoy helping people make their home look brilliant with the best floor covering? This floor covering business is now available to buy and its location is in Eastern Placer County and Sierra Foothills. A great place to live with Lake Tahoe about a one-hour drive, Napa Valley and its wine country about a one-hour drive, the hustle and bustle of San Francisco and Sacramento not too far away and more.
More good news is that this business was started about 17 years ago and so is well known and established in the local community.
Retail Floor store for sale in Eastern Placer County CA and Sierra Foothills
If you would like to grow the business bring your sales and marketing enthusiasm and ideas and build on what’s already in place. Here’s why.
The current showroom is over 5,000 square feet and has a great selection of every carpet, hardwood, vinyl, laminate and rug you could imagine.
Such a selection provides a solution for the most discerning customer.
Additionally, this business now makes sales available on-line. This is a new aspect of the business and a real growth opportunity.
This Retail Floor store services the local community in Roseville, Rocklin, Newcastle, Auburn, Grass Valley, Nevada City, Truckee, Lake Tahoe and east to Sacramento, Granite Bay, Folsom and more.
For sale: Retail Floor store points of interest
There are many ways for the owner of this business to be successful. These include:
There are many ways for the owner of this business to be successful. These include:
- In 2015, the gross income was over $1,000,000. This shows the business has an established and existing customer base easily allowing it to move to the next level.
- The business is able to obtain national pricing power due to its affiliation with a national buying group. This obviously allows the business to not only be competitive in their local market but other markets if they chose to expand.
- The business has a nice cross section of floor covering products they currently offer. It would be easy to expand this range into tiles and related products.
- With a showroom of over 5,000 square feet, it is easy to add new lines of products and merchandise.
- One of the current strengths of the business is that a lot of its business comes from repeat customers. That is, the business has been successful creating a strong brand and this reflects in the customers that come back for repeat business.
- The business operates leanly with only 2 full-time employees and one part-time employee.
- The business has a solid suite of marketing products in place to go after new business. This ranges from direct mail pieces, digital or online marketing, displays for local home shows, scripts for local radio advertising, Google Adwords campaign strategies and more.
In 2015, the gross revenue for the business per the owner’s tax return was $1,115,160 and for 2016 its projected to be $1,176,000. The owner net benefit or Sellers Discretionary Earnings (SDE) in 2015 was $124,620 and in 2016 it is expected to exceed that amount.
Finance to buy this Retail Floor store
If you hold the necessary license with the California Contractors License Board, finance is easily and readily available through a local SBA lender as the seller has an SBA loan in place. The SBA lender has agreed to let a buyer assume the current loan as long as they meet the usual SBA loan qualifying requirements. Additionally, if the circumstances make sense, you may be able to use your 401k retirement plan as a downpayment.
If you have questions about different finance options to buy this Retail Flooring business, please visit this web page for more information about finance to buy a business.
More information about this Retail Floor store for sale in Eastern Placer County CA
To own and operate this Retail Flooring business, you will need a valid license with the California State Contractors License Board with a C15 license.
If you have an interest to own and operate this very successful Retail Flooring business, give Andrew Rogerson a call on 916 570-2674 or please send an email to Andrew Rogerson.
Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.
Once Andrew receives your signed Non-Disclosure Agreement he will send a link to a secure website where you can download a set of confidential information about this Retail Flooring business.
Free guide to buy a business
My goal is to be as helpful as possible and so this link connects to a page on my website with a one-page summary of the many steps to buy a business.
If you would prefer information with more details, you are welcome to click the following link to download a free 14 page eBook called Guide to buy a business. and an abbreviated version of one of the four books I’ve written.
Sell your Retail Floor store
Perhaps you are reading about this opportunity and already own a business in the Retail Flooring industry and are thinking about selling it. There are many steps to sell a business.
If you are thinking of selling your Retail Flooring business and would like some general information, visit the following link on Andrew’s website: Sell a business in California.