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  • RE:  Established & Reputable Hardwood Flooring Company
  • Contact:  Christopher J
Owner Financing is Available!

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,112,501
Net Profit: Not Disclosed
Cash Flow: $73,739
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1948
Employees: 10
BBN Listing #: 946629
Broker Reference #: 5182-858894

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Business Overview:

A respected company in the hardwood flooring sector, known for its long-standing reputation for excellence and reliability. Family owned for over 70 years and with significant experience in the industry, this company is recognized for providing high-quality hardwood flooring solutions. Its key features include skilled craftsmanship, careful attention to detail, and a strong commitment to customer satisfaction. Serving both residential and commercial clients, this business is well-regarded for delivering outstanding results and providing excellent service.

Key Investment points:

1. Semi-Absentee Ownership: The transition to semi-absentee ownership presents a unique opportunity for investors seeking a hands-off approach to management. With day-to-day operations entrusted to capable managers and administrative staff, investors can enjoy the benefits of ownership without the need for active involvement.

2. Experienced Installation Team: A fully trained and experienced installation team is a valuable asset that contributes significantly to the company's success. With a skilled workforce in place, investors can be confident in the ability to consistently deliver high-quality results and uphold the company's reputation for excellence.

3. Established Brand and Customer Base: Over its 70-year history, the company has cultivated a strong brand presence and loyal customer base within the hardwood flooring sector. Its long-standing reputation for excellence and reliability serves as a solid foundation for future growth and expansion. With a track record of delivering high-quality solutions and exceptional service, the company enjoys repeat business and referrals from satisfied clients. This established brand equity not only enhances customer trust and loyalty but also provides a competitive edge in the marketplace. Investors can capitalize on this established reputation to drive sales, expand market share, and capitalize on new opportunities for growth.

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Property Features and Assets:

Monthly Rent: $1,600.00

Square Units (Foot, Meter): 2,000

Lease Expiration Date: May 28, 2024, 9:00:00 PM

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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