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North County San Diego

  • Listing No.: 106-15246

  • Category: Construction, Retail

Asking Price $195,000.00
Down Payment $149,200.00
Gross Revenue $708,767.00
Total Adjusted Net Income $146,412.00
Equipment / Fixtures $31,335.00
Year Established 2016
General Location North County San Diego
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Highly profitable full-service flooring business with increasing sales.   A stunning 1,200sqft retail showroom uniquely displays its product line. This turnkey opportunity has 3 well-trained contract installers and $70,000 of inventory and furnishings are included in the sale. Seller will loan buyer $45,800 at 6% interest for a 4 year term.   A CA C-15 Flooring Contractor's License is required.  

Gross Revenue $708,767.00 Listed Price $195,000.00
Total Income $146,412.00 Down Payment $149,200.00
Base Rent Square Feet 1180
Total Rent $4,400.00 Lease Expiration 9/2021
Rent Deposit $4,752.00 Lease Options
Inventory $36,765.00 Leasehold Improvements
Equipment / Fixtures $31,335.00 Other Assets
Full-Time Employees Training Period 2 weeks
Part-Time Employees Special License Required CA C-15 Flooring Contractor's License
Contract Staff 3 Reason for Selling Other Business Interests

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.