03 May Residential & Commercial Flooring
Price: $2,650,000
Location: Hudson Valley & NYC, New York
Industry: Construction Related, Flooring
Listing ID: 1337
~NEW LOWER ASKING PRICE!!
Two (2) MWBE Certified, highly regarded businesses 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 sixty 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 New York City 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.
Listing Details
Revenue: $3,695,548
Real Estate:$5,000,000 (Not Included in Price)
Terms and Conditions?:
SBA loan approved and Seller financing options available.
Reason For Sale:
Retirement.
Training & Support:
Training is available.
Operation
Year Established: 1960 and 1994
Location
Type of Location: Commercial
Square Footage: 16000
Facilities Information:
The premises are located in a well trafficked business district close to national paint and furniture retailers and major shopping malls. The commercial building is FULLY LEASED. Ample space for large quantities of stock and plenty of parking for clients. The property has excellent signage on a major roadway and is conveniently located for staff, clientele and suppliers.
Beth A. Reichgott
Beth@thenybbgroup.com
631-390-9650 xt. 119
Address:
The NYBB Group
25 Melville Park Road
Suite 82
Melville, NY 11747