1. Home
  2. Businesses for Sale
  3. New York
  4. Bldg Materials/hardware/garden
This Business has been Sold!
Closing Date: 09/11/2023
Broker: Syed Ahmed
Business for Sale Summary

Home Improvement Business for sale in NY - 33968

Business Type: construction building,construction special trades,home furniture/ furnishings,misc. construction/non-classifiable,owner financing available,bldg materials/hardware/garden
Sold
Home Improvement Business for sale in NY
On September 11th 2023, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $180,000
Gross Revenues $1,320,000 Lease Remaining Register Free to View
Owner’s Cash Flow $226,000 Number of FT Employees Register Free to View

Financing

$180,000 Down and $95K financed at 8% for 36 months.

Business Description

This Tiles, Kitchen Cabinets, Granite Vanities and Granite Countertops Business, is located on one of the busiest roads on Long Island. The surrounding area is one of the most affluent in Long Island, which is undergoing a huge construction boom. Its size is 5000 sq. ft., with the equal size of the basement. Has its own parking space. Gross sale is 1.3 million, with 50% profit margin. Has a strong clientele base. An excellent situation for a buyer to get an E2 Visa. The seller owns several businesses; finds it hard to supervise this business. the seller is willing to finance. The seller's net cash flow, after paying all the expenses, is over $225,000 a year. Call Syed at 631-374-7686 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.