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Established Profitable Commercial Flooring Dealer

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $4545893
Net Profit / Cash Flow  $406942
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1999
Number of Employees  10 - 19
Inventory  FFE: $40000 Inventory: $150000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Training  2-4 weeks to support the transition. Seller is willing to support a longer training period to ensure a smooth transition.
Reason for Sale  Retirement from the business.

Description  
A new owner will benefit from a well-structured company and from a seller who is very interested in a smooth transition. Hit the ground running and focus on growth. This well regarded company is ready for the next level. Revenues consist of sales of both hard flooring as well as carpet to a variety of accounts including government, municipal, educational and private entities. Installation is facilitated through outsourced partners that have supported the company for years. This is a great opportunity for either an individual buyer or company owner interested in expanding a current enterprise. The business is very well positioned as an approved vendor on a variety of state and local government/municipal contracts and as a ''go to'' vendor for many general contractors in the region. Seasoned sales employees coupled with a handful of marketing partners drive consistent sales performance year-to-year. Installation is outsourced to a group of professional installers that has been built over the years. Two main avenues of growth are available to a new owner: first, an expansion and/or upgrade of the sales force to further penetrate existing accounts or identify/penetrate new accounts; second, utilize existing relationships to expand product offerings beyond traditional commercial flooring. Facilities Description: 9,000SF of space consisting of 3,000SF of office space and 6,000SF of warehouse space. It is part of a larger (40,000SF) facility that houses a few other tenants. This is currently not a retail location for this business.


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