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Home Products Essential Business In California For Sale

California - North, US
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$24,350,000 (USD)
Cash Flow:
$2,438,000 (USD)

45 Year Northern CA Home Products “Essential” Business- B2B and B2C - Revenue up 8% YTD

This Northern California “essential” business is a distributor and installer of home products to building trades and property management companies. It is also a showroom retailer of a wide range of home products. In just under 10 years the annual revenue has grown from $7 million to over $24 million with strategic cultivation of the retail and commercial markets.

The company has a strong customer service culture. The staff thinks “big picture,” because they know that centering the customer creates the best foundation. It has also produced efficient customer-centered systems and processes. For 45 years, the company has weathered several economic cycles, and has seen success in the volatile housing business. It has also recently adapted to big changes in global trade tariffs. With strong customer and employee retention and a great reputation, this business has a strong foundation and potential opportunities for growth and expansion. Revenue is up over 8% YTD as of Sept 2020 and Gross Profit up over 14% YTD!

SBA Pre-Approved Lending for a qualified buyer!

Property Information

Real Estate:

Lease

Lease Terms:

Expires March 2021

Location:

Northern California

Premises Details:

Showroom and Warehouse

Size in square feet:
44,000

Business Operation

Reasons for selling:

Other Interests

Employees:
34
Years established:
1974

Other Information

Support & training:

Yes

Financing available:

SBA/Conventional Pre-Approved Lending for a qualified buyer

Furniture / Fixtures value:
$790,000 (USD) - included in the asking price
Inventory / Stock value:
$2,700,000 (USD) - included in the asking price

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