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- RE: NY Flooring Business-More Than $250,000 Cashflow
- Contact: Vipin Singh
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $1,808,303 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $250,225 | |
Total Debt: | Not Disclosed | |
FF&E: | $90,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1979 | |
Employees: | 5 | |
BBN Listing #: | 16744955 | |
Broker Reference #: | 3409-16575 |
Business Overview:
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 = $90,000
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 homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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