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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
The two brothers, who own and operate this long established and very successful Fairfield County, CT-based Flooring Sales & Installation Business, year-over-year 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 opportunity with this combination of value and growth. 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 any advertising or social media, you would be well-advised to take advantage of such marketing tools. The sellers will provide as much transitional support & training as you need and will also share their ideas with you for continued expansion. Please be very discreet when visiting the location, as the employees and customers 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.
Seller Financing:799,000.00 Down & You may be able to secure bank financing for this transaction, as everything is ve
Sale Reason:The sellers each have young families with which they would like to spend more time.
Ad #108360
Seller Reference #30496
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