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Ny Flooring Business-more Than $250,000 Cashflow For Sale

Ulster County, New York, US
Asking Price:
$399,000 Furniture / Fixtures included
Sales Revenue:
$1,808,303
Cash Flow:
$250,225

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.

Property Information

Real Estate:

Lease

Premises Details:

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.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Retirement.

Trading hours:

Mon-Fri 10am-5:30pm; Sat 10am-2pm

Employees:
4 FT/1 PT
Years established:
44

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Financing available:

Lender pre-screened with $65K down.

Furniture / Fixtures value:
$90,000 - included in the asking price