Flooring Store - $190k Cash Flow for $50k Down

Not Disclosed, NY
Ulster County


Asking Price: Annual Revenue:
$499,000 $1,567,084

Retail: Home Furniture & Furnishings


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RE: Flooring Store - $190k Cash Flow for $50k Down Broker: Vipin Singh
Owner Financing is Available!
$50,000 down/$50,000 over 36 months @ 5.50%./Other Financing

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,567,084
Net Profit: Not Disclosed
Cash Flow: $196,714
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 5
BBN Listing #: 82784955
Broker Reference #: 3409-16575

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Business Overview:

$190,000 plus in cash flow in 2020! Seller financing up to $50,000 available.

Desirable Hudson Valley town with a highly visible retail location.

A long-standing carpet, hardwood, and flooring business with top-quality products and a great reputation. A cooperative buying agreement is in place and the seller will train the new owner.

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Property Features and Assets:

Business is operated out of a stand-alone building which includes a showroom and warehouse space. The building is located on a busy corner with great visibility and is available at a market rate lease with an option to purchase. Assets = $115,000.

Market Competition and Expansion:

The business has been established for over 40 years. Many repeat customers and has a good brand presence. The business competes well on price with better quality than other local and big-box home improvement retailers. The business offers all major carpet and flooring brands. Business is located in a growing and large city in Hudson Valley with lots of people migrating to the area from New York City and other parts of the country. New construction and remodeling work is also driving a lot of the demand. Increase marketing and community outreach in addition to digital marketing.

Reason for Selling:

Retirement.

Additional Details:

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

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