667 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$799,000
Revenue$2,250,000 EstablishedUndisclosed
Cash Flow$500,000 Employees4 full, 0 part
FF&E$80,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Year over year, the two brothers, who own and operate this successful Fairfield County, CT-based flooring sales and installation business, grew its top and bottom lines by 40% and 60%, respectively. Asking just 1.6 times their net profit of $500K, you will be hard-pressed to find another business proposition with this combination of value and growth trajectory. All financials are verifiable on tax returns. Accordingly, creditworthy prospects may be able to secure bank financing for this transaction. Around 50% of sales come from residential and small commercial jobs. The other 50% is from larger commercial jobs. While they have achieved their success without needing to advertise or utilize social media, you would be well-advised to take advantage of such marketing tools. The sellers will provide as much transitional support as needed and also share with you their ideas for continued expansion. Please be very discreet when visiting the location, as the employees and customer do not know it's for sale. Then, kindly contact the listing broker, Jay Goldman, to make an appointment to meet with the sellers and get a tour of their facilities. For further information, please call 1-877-735-5224.
Training/Support:Yes
Seller Financing:799,000.00 Down & You may be able to secure bank financing for this transaction
Sale Reason:The sellers each have young families and want to be less hands-on at this point.
Ad #104075
Seller Reference #30496
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Vested Business Brokers
Vested Business Brokers
877-735-5224
Name
Email Address
Message