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Carpet One Floor And Home
Location: United States -> New York
Industry: Business Services > Construction




Business Summary

One of the largest retail floor covering and furniture businesses in the Central New York region. Offering residential and commercial customers a large selection of flooring options from carpet and hardwood, to laminate and tile. Also a large selection of sofas, loveseats and mattresses. All this is displayed at it's 17,000 square foot showroom and warehouse. 72 years in business!
Founded in 1948 by John Mazzullo, the company is now a third generation family owned and operated business. In 1968 John passed the business to his two sons, who continued to grow the business until 1992 when it was purchased by the grandsons. In 2000, the company doubled it's operation and moved into it's current space.
There is some local competition in the area but Mazzullo & Sons has a greater customer reputation and recognition, exclusive branding with competitive pricing, and the business is debt free with 40% of the local flooring market.
Focus on more commercial work, expand home improvement products, and offer professional design service


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,086,725
Cash Flow:   $265,057
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $129,000
Seller Financing:  Yes

About The Business

Year Established:  1948
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  retirement




Print Listing Id: 700382874
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