MergerPlace

Wood Floor Refinishing-Install

Florida (Orange)


  • Asking Price: $345,000
  • Gross Income: $365,805
  • Cash Flow: $135,686
  • Real Estate: Not Disclosed
  • Inventory: $13,100
  • FF&E: $76,320
  • Listing ID: #201818
  • Established: 1979
  • Employees: 5 PT

Business Description

Exceptionally profitable, highly reputable, and well established (39 years) turnkey wood floor installation and refinishing business has growth opportunities exceeding the capacity of the owner who seeks to retire or stay on in a sales capacity only. Two vans, two crews, and a revenue-generating website are ready for immediate transition. Specializes in the installation, repair, sanding, and refinishing of wood floors (no tiles or carpets) for residential and commercial customers. Seller financing for up to $145,000 for up to 72 months for a qualified borrower.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Florida
County: Orange

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 PT

Financial Information

Asking Price: $345,000
Gross Revenue: $365,805
Cash Flow: $135,686
FF&E: $76,320
Inventory: $13,100
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

This business is uniquely positioned to take advantage of the huge growth in Central Florida. Its longevity and reputation keep the business operating at full capacity. Expansion can easily be obtained by adding more skilled labor and another sales person. In addition, expanding the market area from its current 15 – 20 mile radius to a larger one would increase sales. Another option would be to include other types of flooring (tile, vinyl).

Competition:

There are several independent flooring businesses in a mostly fragmented field. The advantages of this business are its ability to respond more rapidly than its competitors and its reputation for high-quality work.

Reason for selling:

Retirement

Support & Training:

Owner will train for 4 weeks, no cost. Seller willing to stay on indefinitely in a sales role.

Contact Business Seller

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Business Listed By:

Jim Neumann

Florida Business Exchange, Inc.