Owner-Absentee Hardwood Flooring Business | Open 40+ Years
Listing number: 60350
Location: Los Angeles, CA
Year established: 1984
This established hardwood flooring store offers a proven, turnkey operation that runs smoothly under owner-absentee management. The business provides a full range of hardwood flooring products and supplies, attracting both homeowners and contractors seeking quality materials and reliable expertise. With trained staff in place, consistent customer traffic, and streamlined operations, the store functions efficiently without the day-to-day involvement of the owner.
The business benefits from strong vendor relationships, steady repeat customers, and a reputation for quality service. A new owner can step into a stable operation with immediate income and the flexibility to remain hands-off or choose to be more involved to drive growth. This is an ideal opportunity for an investor, portfolio owner, or anyone seeking a profitable, absentee-run hardwood flooring business. Inventory of approximately $1,400,000 (at cost) is not included in the sales price and will be sold to the buyer at time of sale.
Asking price: $1,594,000
Adjusted net income: $444,140
Revenue: $3,790,000
Lease information
- Total rent: $13,650
- Sqft: 8600
- Lease ends: 5 years
Asset information
- Inventory: $1,400,000
- Equipment/fixtures: $500,000
Additional information
- Employees: 7
- Training: 6 months
- Reason for selling: Retirement
Pat Marsch
For more information or to inquire about this business contact Pat Marsch
- Office number: 619-455-2925
- Direct number: 858-945-8921
- License number: 01775196
- Agent email: pmarsch@sdbiz.com
