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Business for Sale Summary

Successful Flooring Sales & Installation Business - 30496

Business Type: home furniture/ furnishings,misc. servicel/non-classifiable,other business services,other personal services,best deals!,new to market,seller financing available,carpet sales & installation
Successful Flooring Sales & Installation Business
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Financial Information (non-confidential)

General Information
Asking Price $799,000 Down Payment $799,000
Gross Revenues $2,250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View

Financing

$799,000 Down and You may be able to secure bank financing for this transaction

Business Description

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.

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. kg

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.