Building Material & Hardware Stores, Other Retail
Active
Owner-Absentee Hardwood Flooring Business | Open 40+ Years
Los Angeles, California, United States
Asking Price$1.59m
Revenue$3.79m
EBITDA-
Cash Flow$444k
Description
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.
Real Estate
Rent is $13,650 per month
Building Size: 8600 sq. ft.Furniture Fixtures & Equipment
$500k
Inventory
$1.40m
Business is
Absentee Owner
Number of EmployeesFull-Time: 7
Year Established
1984
Reason Selling
Retirement
Support & Training
6 months
Market & Competition
There is some competition in the area, however this company separates itself by having exclusive long-term exclusive rights of its products.
Growth Opportunities
Opportunities include widening the flooring selection, enhancing digital marketing, and building more contractor relationships.
Asking Price$1.59m
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.