High End Flooring Sales Business

Not Disclosed, NY
Westchester County


Asking Price: Annual Revenue:
$150,000 $1,086,037

Retail: Hardware, Bldg. Materials, Garden Center


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RE: High End Flooring Sales Business Broker: Christopher Viskup
Owner Financing is Available!
$75,000.00

Quick Facts

Asking Price: $150,000
Annual Revenue: $1,086,037
Net Profit: Not Disclosed
Cash Flow: $110,613
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 372249826
Broker Reference #: 83341-671425

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Business Overview:

• High-End Flooring Operation for over 21 years
• Good Books
• Selling Due to Retirement
• Will come with over $100,000 in Material
• Seller willing to train and help in transition
• Seller willing to sign Non-Compete
• Owner / Operator could clear $140,000/$150,000 without much change in ops
• Plenty of upside in simply increasing outdated presence online

Great flooring sales operation with a large clientele. Over 85% of what they sell is carpeting of which 40% is area rugs. The remaining 15% is mostly vinyl carpet flooring. They operate in a 6,500 square feet space. Over 85% of customers are recurring. Margins are around 38%. Only 5% of sales come from online. So, there is a huge growth potential right there. Approximately, 10-15% of their sales is to designers, the rest is for contract work.

In addition to the owner (who is now almost absentee due to injury), they have three employees. Two of these employees are full-time. One in in-bound sales, and one as a warehousing manager. They also use an outside contractor who has 15 workers and does over 90% of their contract work.

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Reason for Selling:

Retiring

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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