Exotic Rugs showroom over 30 years

Laguna Niguel, CA
Must See
Asking Price:$599,000
Gross Revenue:$700,000
Rent:$10,000/Month
Established Year:1985
Cash Flow:$300,000
Inventory:$1,000,000
EBITDA:$300,000
BUSINESS DESCRIPTION

Established and profitable

Over $1,000,000(take less) in appreciating inventory at wholesale cost is not included verified by certified exotic rug appraisal , take less . Owner is moving back home. Beautiful showroom Clients live in Multi million Dollar homes and also home designers order from them . Email to receive NDA and we need proof of funds too.No calls or texts please.


DETAILED INFORMATION
Location
Laguna Niguel, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,121
Lease Expiration
01/09/2029
Employees
2
Facilities
Beautiful 3121 Sqft showroom Clients live in Multi million Dollar homes and also home designers order from them.
Competition
Rare exotic rugs in a fantastic location . Silk and handmade , appreciating in value every year . Great business as well as a great investment .
Growth & Expansion
Current owner never advertised .
Financing
With your good credit and experience certain SBA banks will finance up to 80% of the
Support & Training
Full training provided.
Reason for Selling
Retiring and moving back home.
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Siavosh
Ardalan
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Siavosh Ardalan