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Businesses For Sale > Business For Sale in Ulster County, New York (NY)

Flooring Store - $190k Cash Flow for $50k Down for sale in Ulster County, NY

Ulster County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 499,000 $ 1,567,084 $ 196,714

Furniture and Fixtures Value:
$ 90,000 (included in the asking price)

Inventory Value:
$ 25,000 (included in the asking price)

Business Summary:
$190K plus in cash flow in 2020! Seller financing up to $50K available. Desirable Hudson Valley town with a highly visible retail location.A long-standing carpet, hardwood, and flooring business with top-quality products and a great reputation. A cooperative buying agreement is in place and the seller will train the new owner.

 

   
Year Business was Established: 1979
   
Number of Employees: 4FT/1PT  
   
Facilities / Terms of Lease: Business is operated out of a stand-alone building which includes a showroom and warehouse space. The building is located on a busy corner with great visibility and is available at a market rate lease with an option to purchase.  
   
Potential Growth/Expansion: Business is located in a growing and large city in Hudson Valley with lots of people migrating to the area from New York City and other parts of the country. New construction and remodeling work is also driving a lot of the demand. Increase marketing and community outreach in addition to digital marketing.  
   
Competition: The business has been established for over 40 years. Many repeat customers and has a good brand presence. The business competes well on price with better quality than other local and big-box home improvement retailers. The business offers all major carpet and flooring brands.  
   
Owner willing to finance: $50,000 down/$50,000 over 36 mos. @ 5.50%./Other Financing  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
   
Seller Reference Number: 3409-16575
BusinessMart.com Listing Number: 273221
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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