Retail & Commercial Flooring Companies with Real Estate

03 May Retail & Commercial Flooring Companies with Real Estate

Posted at 14:00h in by Beth A. Reichgott 0 Comments

Price: $7,900,000

Location: Rockland County, New York

Industry: Commercial & Residential Flooring Industry

Listing ID: 1337

Two family-owned and highly regarded businesses, established in 1960 and 1994, are being offered for sale together with a commercial building in a busy commercial district.

Since its inception in 1960, the retail location has catered to just about every home and many regional organizations in Rockland County. The highly skilled, knowledgeable, and professional staff provides personal service and always exceeds clients’ expectations. The client base is huge, with many repeat customers, no single client accounts for any large portion of sales. The NYC Commercial Flooring and Painting firm was founded in 1994. It serves large commercial spaces including the top New York City Hospitals and Higher Education Institutions. It has been the preferred installer/supplier for multiple large NYC clients since 2002. Contracts are automatically updated and renewed. Both businesses are housed in a 16,500+/- sf easily accessible, well maintained commercial building surrounded by national retailers in Rockland County. The two companies share warehouse/office areas, equipment, and staff. Additional space in the building is leased to several top home improvement and fitness tenants. The owners are ready for retirement and prepared to offer a buyer the support needed to ensure a seamless transition.
The staff is loyal, experienced, well trained and capable of managing all aspects of the business with minimal oversight by ownership. Flooring estimating/installation experience and knowledge helpful but not necessary. Training is available.

This is a wonderful opportunity to take over two highly successful, complementary and profitable businesses that also include a fully leased commercial building in the area’s top retail district. The possibilities are endless. Live and manage both businesses in beautiful Rockland County, under an hour from NYC, or replace owners with bookkeeping/office manager,
estimator and project manager. The loyal customer base and solid reputation have been built over many years with a focus on quality and customer service.

Property available for purchase with one or both entities. Included in asking price of $7.9M

Listing Details

Revenue: $3,968,303

Real Estate:$5,000,000 (Included in Price)

Reason For Sale:

Retirement.

Training & Support:

Training is available.

Operation

Year Established: 1960

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. 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.