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Building Supplies Retailer For Sale
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2000000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 4 - 5
Inventory 500000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide training
Reason for Sale Other interests
Description Since 1992, the company has provided customers with the best prices, selection and service when shopping for bathroom remodeling products and has expanded its San Fernando Valley location to a fully stocked and beautifully appointed 20,000 ft warehouse/showroom. The company offers thousands of items from the most popular and trusted bathroom remodeling brands, including Virtu USA, Legion Furniture, Silkroad Exclusive, Danze, Toto, Art+Bathe, Fairmont Designs and many others being added all the time. For environmentally conscious shoppers, their product selection includes hundreds of eco-friendly items, from water-saving faucets to countertops made from recycled materials to vanities constructed of sustainably-harvested wood.
The newly designed website makes finding the perfect products quick, easy and enjoyable while visitors to the showroom can select from a $500,000 inventory (included in the purchase price) with knowledgeable sales-associates to ensure personalized, expert advice and information. The dedication to personal attention, low prices and quality products has made this one of the most popular distributers for bathroom products not only in California but throughout the U.S.
Sales for 2011-2012 YTD have exceeded $2M with adjusted net income exceeding $350,000 yearly. Rent is $14,000/month for the 20,000 ft facility and 10,000 ft yard/parking area. This has been very modestly priced at $1.25M including inventory.
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