Owner-Absentee Hardwood Flooring Business | Open 40+ Years
Absentee-Run Hardwood Flooring Business in Los Angeles
On NextCompany since September 12, 2026 (33 days)
Los Angeles, CAEstablished 19847 FT employees
Business overview
This Los Angeles, CA business supplies hardwood flooring products and supplies to homeowners and contractors. The business has operated since 1984. Trained staff support absentee ownership, with 7 employees handling operations. Strong vendor relationships, repeat customers, and consistent customer traffic support the business.
The business reports revenue of $3,790,000 and adjusted net income of $444,140. The seller asks $1,594,000, excluding approximately $1,400,000 in inventory at cost. Buyers purchase that inventory separately at closing. The seller offers six months of training.
Who is a good fit for this business
- Buyers seeking hands-off ownership can retain the absentee management approach with trained staff.
- Buyers seeking transition support receive six months of training from the seller.
Details
- Reason for selling
- Retirement
- Real estate
- Leased
- Monthly rent
- $13,650
Frequently Asked Questions
The seller asks $1,594,000 for the business. The business reports $3,790,000 in revenue and $444,140 in adjusted net income.
The asking price excludes approximately $1,400,000 in inventory at cost. Buyers purchase inventory separately at closing. Equipment and fixtures carry a value of $500,000.
The business leases 8,600 square feet at a monthly rent of $13,650. The lease ends in 5 years.
The business operates with owner-absentee management and 7 employees. Trained staff support its operations.
The seller offers six months of training. The buyer can remain hands-off or become involved to drive growth.