Well-Known Carpet & Flooring Business

Not Disclosed, NA Not Disclosed

Long Island

Asking Price: $699,000

Annual Revenue: $1,450,000

Retail: Home Furniture & Furnishings

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RE: Well-Known Carpet & Flooring Business
Contact: Ken Stein

Quick Facts

	Asking Price:	$699,000
	Annual Revenue:	$1,450,000
	Net Profit:	Not Disclosed
	Cash Flow:	$275,000
	Total Debt:	Not Disclosed
	FF&E:	300,000
	Real Estate:	Not Disclosed
	Year Established:	1995
	Employees:	5
	BBN Listing #:	56204701
	Broker Reference #:	14805

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Business Overview:

This very established business has been servicing the south shore of Long Island with top quality, carpeting and flooring for over 25 years. They have built their reputation on superior customer service, honest pricing, and quality products. Multiple communities including blue collar, white collar as well as the more affluent waterfront communities have come to rely on this business; in fact, many children of clients also shop there now. The owners are looking to retire and transition the brand and legacy to the next generation. The business comes fully staffed, fully inventoried, plus the sellers own the real estate and will issue a long-term lease. YOU DO NOT NEED TO HAVE EXPERINCE IN THE FLOORING BUSINESS. The sellers will teach and train the new buyer so that they are fully prepared to continue with the business’s success. With steady, repeat clientele, nearly $1.5 million in annual sales and approximately $250,000 in earnings. Priced at $699,000 plus $75,000 in inventory, this could be the turnkey, quality business opportunity that you have been looking for. Please ask for listing #14805 when inquiring about this opportunity.

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Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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