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Business for Sale Summary

Flooring Business for Sale in Fairfield County, CT - 34368

Business Type: construction building,construction special trades,home furniture/ furnishings,interior decorator/design,seller financing available,carpet & flooring sales & installation
Owner Financing
Flooring Business for Sale in Fairfield County, CT
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $300,000
Gross Revenues $2,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $365,000 Number of FT Employees Register Free to View


$300,000 Down and The seller is willing to provide up to $100K in financing at 6% over 24 months to qualified buyers.

Business Description

The asking price was just reduced from $850K to $400K to reflect the seller's need to spend less time on this business as he transitions to another unrelated one. This flooring business does both sales & installations. It is well-established, has tremendous growth potential, and comes with verifiable financials & dedicated installing crews. Historically, 50% of sales came from residential and small commercial flooring projects, and the other 50% from larger commercial jobs. The owner has achieved success without any advertising or social media. Just imagine how you could further grow the business using such. The seller is willing to provide more than the usual transitional support and training, as well as offer up ideas as to how at least double the size of the business. The 3,000 sq. ft. showroom spreads out over 2 floors and is located in one of Connecticut's most affluent towns, This is not an absentee-run business and is only suitable for owner-operators. Please be discreet when visiting the location, as customers are unaware of it being for sale. Contact the listing broker, Jay Goldman, at jaygoldman@vestedbb.com to schedule an appointment to meet with the owner, ask questions, and get a tour the facilities.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.