SBA Pre-Qualified Residential & Commercial Flooring Company - MWBE

New York

Seller Financing Available

Residential & Commercial Flooring with Optional Real Estate
Asking Price:$2,650,000
Gross Revenue:$3,449,038
Established Year:1994
Cash Flow:$791,422
Real Estate:$5,000,000
BUSINESS DESCRIPTION

Two highly regarded businesses, 1 of which is MWBE Certified, are being offered for sale together with the opportunity to purchase a FULLY LEASED commercial building, valued at $5M, in a busy shopping district.
Since its inception over 60 years ago, the Residential Installer has catered to just about every home and many regional organizations in its Hudson Valley market area. It also offers a convenient retail outlet and local warehouse for plenty of in stock merchandise. The highly skilled, knowledgeable, and professional staff provides personal service. The client base is huge, with many repeat customers, and no single client accounts for any large portion of sales.
The NYC Commercial Flooring and Painting firm serves large commercial spaces including the top NYC Hospitals and Higher Education Institutions. It has been their preferred installer/supplier since 2002. The two businesses share warehouse/office areas, equipment, and staff in a well-maintained commercial building surrounded by national home improvement retailers.
This is a wonderful opportunity to take over two highly successful, complementary and profitable businesses. A buyer will also have the option of purchasing the fully leased commercial building. The possibilities are endless. Live and manage both businesses in the beautiful Hudson Valley, under an hour from NYC, or replace the owners with an office manager and a commercial flooring estimator/project manager. The loyal customer base and solid reputation have been carefully built over many years with a focus on quality and customer service. The staff is loyal, experienced, well trained and capable of managing many aspects of the day to day business with minimal oversight by ownership The owners are ready for retirement and prepared to offer a buyer the support and training needed to ensure a seamless transition.
Qualifies for SBA loan plus seller financing options are available. Call or email for more information about terms.


ATTACHED DOCUMENTS
Investment Summary.pdf Download

DETAILED INFORMATION
Location
New York
Inventory
Not Included in asking price
Real Estate
Owned
Employees
13
Facilities
Asking price does not include real estate - The property on which the 16,500 sf commercial building is owned by the sellers and occupied by multiple tenants. It is fully leased. The property is available for sale only to a purchaser of the businesses or to be leased on terms to be negotiated.
Financing
SBA pre-qualified and Seller financing available.
Support & Training
Owners are willing to assist in the transition - To be negotiated
Reason for Selling
Retirement - Motivated!
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Beth A. Reichgott
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Beth A. Reichgott