Flooring Company Serving Central Vermont and Ne...

Not Disclosed, VT
Windsor County

Asking Price: Annual Revenue:
$850,000 $1,192,526

Miscellaneous: Non-classifiable

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RE: Flooring Company Serving Central Vermont and Ne... Broker: Jay Polimeno
Owner Financing is Available!

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,192,526
Net Profit: Not Disclosed
Cash Flow: $433,297
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1965
Employees: 4
BBN Listing #: 115664617
Broker Reference #: NEWHAMP001-52736

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Business Overview:

This business has been in operation for many years, incorporating two generations of family ownership. Currently located in the central Vermont and New Hampshire area, the business is the premier quality wood flooring only sales and service specialists servicing the I89 corridor from Montpelier, Vermont to Manchester, New Hampshire. They offer premium prefinished and unfinished hardwood and softwood flooring sales, professional installation of all kinds of wood flooring, as well as sanding, custom staining, finishing, and refinishing existing wood flooring to bring them back to their original luster. This successful business carries hundreds of lines of unfinished and prefinished flooring including solid, engineered, laminates, commercial, hand scraped, wide planks, long lengths, inlays, and medallions, as well as custom installations, sanding, custom staining, refinishing, maintenance, and repairs. The property features a beautiful showroom, workshop, and enough warehouse space to store all the raw and finished materials utilized in the business.

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Reason for Selling:

The owner is looking to relocate out of state with his family after spending all of his professional life operating this successful business. The current owner is willing to stay on and train for two weeks at no charge and be available in an advisory capacity during a specified period of time based on the buyer’s needs and as negotiated. Seller is willing to sign a non-compete agreement for 5 years and 100 miles, or as negotiated.

Additional Details:

  • The property is owned.
  • The owner is not 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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