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Business For Sale

WHOLESALE DISTRIBUTOR OF FLOORING

Attn: Steve Lovas
Bridgeport, CT, USA
Listing Number: "374"
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Asking Price: $1,500,000 USD USA Dollars
Business for Sale Industry: Wholesale/Distribution: Durable Goods  
Reason for Selling: Moving
Year Established: 2000
# of Employees: 9
Yearly Revenues: $4,500,000
Yearly Cash Flow: $275,000
Yearly Gross Income: $4,500,000
 

Business for Sale Overview:

This business sells hard wood flooring and supplies to contractors and retail businesses. It provides delivery services. Well priced mature business. Founded in 2000, this business recently expanded into a new 7,200 square feet facility. 90% of the business is COD and the remaining 10% net 15. 500 accounts with non that are the heart of the business. Not top heavy.


Property Features and Assets:

New 7,200 square feet show room and warehouse located close to major highways. Professional build out. Great parking, access. Delivery trucks are included as is the computer system, inventory etc. Turn key. Roughly 4 years left on lease with a 5-year option to lease, and an option to purchase.


Market Competition and Expansion:

Competition: There is competition but the owner has been able to build a $4.5 million dollar business in under 10 years.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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