NY Flooring Business with More Than $250,000 Cashflow
Ulster County, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $399,000 |
$1,808,303 |
$250,225 |
Furniture and Fixtures Value:
$90,000 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$1,000,000 ( not included in the asking price)
Business Summary:
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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| Year
Business was Established: 1979 |
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| Number of Employees:
4 FT/1 PT |
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| Facilities / Terms of Lease:
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. |
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| Potential
Growth/Expansion:
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. |
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| Competition:
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. |
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| Owner
willing to finance:
Lender pre-screened with $65K down. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| REQUEST MORE INFO |
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