Seller's Contact Information
- RE: Flooring Company (non-union), Very Strong Sales
- Contact: Joseph Hertz
Quick Facts
Asking Price: | $1,750,000 | |
Annual Revenue: | $1,150,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $300,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | Not Disclosed | |
BBN Listing #: | 408062292 | |
Broker Reference #: | 11223-505938 |
Business Overview:
This business specializes in the flooring interior construction and design industry since approx. 1990. They offer flooring supply, installation and finishing services, including wood, vinyl, vct and carpet.
They focus on high-end luxury products in Long Island and Manhattan.
The business is 100% referral-based and does not market. Strong relationship with developers and general contractors and ensures all the projects are scheduled and performed with 100% accuracy.
The business has a very strong sales pipeline (over $2MM in pipeline) and the contracts will transfer to a buyer. They are on pace for cash flow of $500k over the next 12-months.
The business is a very strong fit for a related or adjoining trade that can leverage strong relationships with the GC's or a union business. Seller will transition to a new buyer very well.
Buyers: reach out to Joseph Hertz to qualify and for a business summary.
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Reason for Selling:
Other interests.
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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