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SF East Bay

  • Listing No.: 142-00063

  • Category: Commercial, Construction

Asking Price $880,000
Down Payment $880,000
Gross Revenue $2,366,000
Total Adjusted Net Income $472,500
Equipment/Fixtures $10,000
Year Established 2011
General Location SF East Bay
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image-for-Chinee Goh

This is a highly profitable business with an impeccable reputation. It has a substantial repeat client base with strong potential for higher growth.  There is a team of highly skilled installers in place. The new owner will have full control and support on taking over and continuing with new projects. Also, Seller is willing to stay on part time to train and help new owner to transition. This Company has a business to business revenue model specializing in providing flooring for residential rentals - primarily mid to large size apartment complexes. Their base is predominant in the East Bay with easy access to all SF Bay Area Counties.  Quality, reliability and outstanding customer service differentiates this business from local competition. Turn-key operation: get started in the business from day-one with a trained and qualified crew, proven processes to run the business, name recognition and a repeat customer base and referral network.

Gross Revenue $2,366,000 Listed Price $880,000
Total Income $472,500 Down Payment $880,000
Base Rent $2,755 Square Feet 2624
Total Rent $2,755 Lease Expiration 2/2019
Rent Deposit $2,500 Lease Options
Inventory $35,000 Leasehold Improvements
Equipment/ Fixtures $10,000 Other Assets
Full-Time Employees 4 Training Period 1 month
Part-Time Employees 3 Special License Required CA C-15
Contract Staff 0 Reason for Selling Retired from Business ownership and spend time closer to home

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.