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- RE: Residential & Commercial Flooring
- Contact: Beth A.
Quick Facts
Asking Price: | $2,650,000 | |
Annual Revenue: | $3,449,038 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $783,677 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1960 | |
Employees: | 12 | |
BBN Listing #: | 936244 | |
Broker Reference #: | 1337 |
Business Overview:
Two MWBE Certified, highly regarded businesses are being offered for sale together with the opportunity to purchase a FULLY LEASED commercial building, valued at $5M, in a busy shopping district. Since its inception over sixty years ago, the Residential Installer has catered to just about every home and many regional organizations in its Hudson Valley market area. It also offers a convenient retail outlet and local warehouse for plenty of in stock merchandise. Highly skilled, knowledgeable, & professional staff provides personal service. Large client base, with many repeat customers, and no single client accounts for any large portion of sales. The NYC Commercial Flooring & Painting firm serves large commercial spaces including the top NYC Hospitals and Higher Ed Institutions. Their preferred installer/supplier since 2002. The 2 businesses share warehouse/office areas, equipment, & staff in a well maintained commercial building surrounded by national home improvement retailers. This is a wonderful opportunity to take over two highly successful, complementary and profitable businesses. A buyer will also have the option of purchasing the fully leased commercial building. SBA qualified and Seller Financing options available.
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Property Features and Assets:
Sold separately, 16,000 +/- square feet commercial building. The premises are located in a well trafficked business district close to national paint and furniture retailers and major shopping malls. The commercial building is FULLY LEASED. Ample space for large quantities of stock and plenty of parking for clients. The property has excellent signage on a major roadway and is conveniently located for staff, clientele and suppliers.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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