Hardwood Flooring Distributor
Los Angeles

This is a rare opportunity to acquire a highly profitable, top-tier hardwood flooring distributor in operation for 30 years! This turnkey, wholesale business is a distinguished distributor sourcing premium hardwood floors that are sustainably sourced and engineered through direct factory channels. These direct supplier relationships allow the company to offer the best prices for the highest quality hardwood in its markets! With its direct factory purchasing, bolstered by unparalleled customer service, and excellent warehouse management, the business excels in delivering top-of-the-line, premium hardwood floors to a diverse customer base of over 200 dealers who sell to the end users of architects, designers, and homeowners in premium, high per capita income areas. The company is semi-absentee operated with effective employees in place. The seller is willing to stay on for an extended transition period. The asking price includes $1M of inventory! Contact us today! at 424 832 3410 or email LATeam@fcbb.com

Listing Number:

22883

Category:

Distribution

Location:

Los Angeles
$4,000,000

Financial Information:

Gross Revenue:

$2,139,023

Listed Price:

$4,000,000

Down Payment:

$0

Total Income:

$638,966

Year Established:

1994

Lease Information:

Square Feet:

17340

Total Rent:

$19,329

Lease Expiration:

02/2025

Lease Options:

1 & 1 and 5 yrs & 3 yrs

Asset Information:

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$50,000

Inventory:

$1,000,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

2

Training Period:

30 days

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Adrianna Smith
Office: (424) 832-3410 | Cell: (424) 272-1773
License #: CA DRE 01957172

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Hardwood Flooring Distributor
Los Angeles

Listing Number:

22883

Category:

Distribution

Location:

Los Angeles

Listed Price:

$4,000,000
brokerPhoto
Adrianna Smith
Office: (424) 832-3410 | Cell: (424) 272-1773
License #: CA DRE 01957172

This is a rare opportunity to acquire a highly profitable, top-tier hardwood flooring distributor in operation for 30 years! This turnkey, wholesale business is a distinguished distributor sourcing premium hardwood floors that are sustainably sourced and engineered through direct factory channels. These direct supplier relationships allow the company to offer the best prices for the highest quality hardwood in its markets! With its direct factory purchasing, bolstered by unparalleled customer service, and excellent warehouse management, the business excels in delivering top-of-the-line, premium hardwood floors to a diverse customer base of over 200 dealers who sell to the end users of architects, designers, and homeowners in premium, high per capita income areas. The company is semi-absentee operated with effective employees in place. The seller is willing to stay on for an extended transition period. The asking price includes $1M of inventory! Contact us today! at 424 832 3410 or email LATeam@fcbb.com

Financial Information

Gross Revenue:

$2,139,023

Listed Price:

$4,000,000

Down Payment:

$0

Total Income:

$638,966

Year Established:

1994

Lease Information

Square Feet:

17340

Total Rent:

$19,329

Lease Expiration:

02/2025

Lease Options:

1 & 1 and 5 yrs & 3 yrs

Asset Information

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$50,000

Inventory:

$1,000,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

2

Training Period:

30 days

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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