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Business for Sale Summary

Flooring & Carpeting Business for Sale in CT - 34368

Business Type: construction building,construction special trades,home furniture/ furnishings,interior decorator/design,carpet & flooring sales & installation
Flooring & Carpeting Business for Sale in CT
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This business has received 41 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,000,000 Down Payment $1,000,000
Gross Revenues $2,750,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and Bank financing should be available to acquire this business without need for seller financing.

Business Description

You will be hard-pressed to find another business opportunity with this combination of established value, growth potential, and verifiable financials on tax returns. Accordingly, creditworthy buyers should be able to secure bank financing for this transaction. Around 50% of sales come from residential and small commercial flooring & carpeting sales & installations. The other 50% is from larger commercial jobs. While the owner has achieved his success without any advertising or social media, you would be well-advised to take advantage of such marketing tools. The seller will provide as much transitional support & training as you need to succeed and will also share his ideas with you for continued growth. His project manager, who oversees outside labor crews and is able size up & bid on those residential and small commercial jobs, wants to stay on. The showroom is based in one of Connecticut's most affluent towns and is spread out over two floors, each 1,500 square feet. Please be very discreet when visiting the location, as the employee and customers do not know it's for sale. Then, kindly email the listing broker, Jay Goldman, at jaygoldman@vestedbb.com to make an appointment to meet with the owner to ask some questions and get a full tour of their facilities. If you are new to Vested Business Brokers, go to www.vestedbb.com to become a free registered buyer under listing 34368. Should you want to obtain the name & address right away, kindly upgrade to premium membership.

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.