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Successful Flooring Business, Fairfield CT - 30496

  • City: Mono Hot Springs
  • State: California
  • Ad Viewed: 141 Times







Description:

Successful Flooring Sales & Installation Business, Fairfield County CT 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. Asking Price: $799,000.00 Gross Revenue: $2,250,000.00 Owner's Cash Flow: $500,000.00 Down Payment: $799,000.00 For more information, contact Vested Business Brokers at 1(877) 7355224. We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you. 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.