Description
Profitable 16+ year well established solid successful retail flooring business offered with property AND adjacent property with storefront to expand or sublease to another user and located in a high traffic area of Ridgewood Ave./US1 in Edgewater. This retail flooring store has been owned by current owner since the beginning and he is ready to retire and is seeking a new owner to continue the business growth. Owner has operated the business as a sole owner operator and has great relationships with independent installers/contractors. Included in the sale is goodwill, business name, showroom samples and displays, all equipment, warehouse equipment, inventory and office equipment. This is truly a ''turn-key'' profitable business opportunity with Seller willing to assist with businesstransition. The sale includes both parcels. 124 S. Ridgewood Ave which includes the flooring retail office, showroom and warehouse on corner lot with storefront fronting high traffic area of Ridgewood Ave./US1 with AADT of 27,500. 108 S. Ridgewood Ave. presents with a showroom/office with storefront and a 2-bedroom 1.5 bath with single car garage. This property can be used as owner/employee residency or can be leased for additional residential and/or business income. The property is located in the CRA District as well as the Opportunity Zone. Edgewater is a growing community with over 30 non-residential projects in the pipeline and 21 residential developments with over 11,000 homes in process.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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11,080SQFT
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$99$/SQFT
School Ratings & Info
Description
Profitable 16+ year well established solid successful retail flooring business offered with property AND adjacent property with storefront to expand or sublease to another user and located in a high traffic area of Ridgewood Ave./US1 in Edgewater. This retail flooring store has been owned by current owner since the beginning and he is ready to retire and is seeking a new owner to continue the business growth. Owner has operated the business as a sole owner operator and has great relationships with independent installers/contractors. Included in the sale is goodwill, business name, showroom samples and displays, all equipment, warehouse equipment, inventory and office equipment. This is truly a ''turn-key'' profitable business opportunity with Seller willing to assist with businesstransition. The sale includes both parcels. 124 S. Ridgewood Ave which includes the flooring retail office, showroom and warehouse on corner lot with storefront fronting high traffic area of Ridgewood Ave./US1 with AADT of 27,500. 108 S. Ridgewood Ave. presents with a showroom/office with storefront and a 2-bedroom 1.5 bath with single car garage. This property can be used as owner/employee residency or can be leased for additional residential and/or business income. The property is located in the CRA District as well as the Opportunity Zone. Edgewater is a growing community with over 30 non-residential projects in the pipeline and 21 residential developments with over 11,000 homes in process.
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