MergerPlace

Custom Hardwood Flooring

Pennsylvania


  • Asking Price: $200,000
  • Gross Income: $392,579
  • Cash Flow: $77,219
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $24,000
  • Listing ID: #200152
  • Established: 1985
  • Employees: 2 FT/3 PT

Business Description

Over 3 decade years of predominately referral based high-end Custom Installation of wood flooring including design and finish/coloring. In addition, Maintenance and Refinishing services are provided.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Pennsylvania

Company Information

Year Established: 1985
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/3 PT

Financial Information

Asking Price: $200,000
Gross Revenue: $392,579
Cash Flow: $77,219
FF&E: $24,000
Inventory: $6,000
Seller Financing Available: No

Property Information

Facilities:

This is a home-based business where all service vehicles, equipment and materials are stored in permanent and mobile facilities.

Growth & expansion opportunities:

A simple marketing initiative, that currently is outside of the owner’s skill set, that capitalized on the three decades of satisfied customers would produce an influx of new customers.

Competition:

Though there are many larger flooring companies, there is not a significant level of competition for the type of high end, custom work done. There are a few smaller similar operations in the area but none with such a history of service and quality.

Reason for selling:

The Owner loves the work and customers but after 37 years needs to step back and slow their pace down. If so desired, an ongoing working arrangement as onsite supervisor etc. is possible.

Support & Training:

Will train for 4 weeks / $100 cost. High end installation of custom wood floors with over 37 years of a solid reputation for quality and integrity in some of the most affluent neighborhoods in the region and with high end designers/contractors.

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Business Listed By:

Philip Davis

Murphy Business Brokers