Catylist ID:
#30803163
Established Flooring and Paint Business in Central Vermont
Undisclosed Address, Vermont
Business Opportunity
for Sale
| Catylist Listing ID: | 30803163 |
| Property Subtypes: | Building and Construction Services |
| Building Size (RSF): | See Agent |
| Sale Price: | $1,299,000 |
| Gross Revenue: | $0 (Annual) |
| Cash Flow: | $0 (Annual) |
| Last Updated: | 3/21/2023 |
Overview / Comments
|
PRICE ADJUSTED BY MOTIVATED SELLER! This business was founded in 1988 by the current owner whose vision was to create a business that specializes in paint, decorating, and flooring coverings, all offered with exemplary customer service. As the business grew steadily over the years, it changed physical locations twice to increase visibility and add more retail space. In 2007, it purchased a major competitor, occupying its current location which offers excellent visibility, extensive floor and storage space, and ample parking. With the large acquisition came an instantly larger customer base which required more employees to maintain the company’s high service standards. Business levels and profitability have continued to grow over the years, allowing the business to weather economic fluctuations, and most recently a pandemic. This business actually flourished in 2020, establishing higher business levels which have continued into 2021 and are anticipated to continue into the future. This business is a full-service decorating store providing everything needed for home or office. They are a full-service Benjamin Moore paint dealer with a complete line of paint products and supplies but also offer other high-quality brands including Cabot Stains, Vermont Natural Coatings, and Old Village Paints and Prudy brushes. Flooring is strong part of the store’s product and service offerings, and they deal with every type of flooring including hardwood, carpet, vinyl tile, cork, and linoleum. They feature the highest quality brands in flooring including Lauzon, Hallmark, and Milliken. Major brands of tile represented include American Olean, Dal Tile, Marrazzi, and Florida Tile. Finally, their window treatment department supports the complete lines of Hunter Douglas and Graber. With over 30 years serving their community, this business has built some very solid relationships in both the residential and commercial markets. They have nurtured and maintained relationships with local schools, colleges, senior care facilities, hospitals, area churches, and many other local institutions. |
Additional Details
| Industry Segment: | Architecture and Int. Design |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Value of Real Estate Included ($): | $0 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,010 | 3,278 | 8,863 |
| Median Age: | 43.5 | 43.17 | 41.67 |
| Households: | 469 | 1,413 | 3,656 |
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