Business Overview:
Wood flooring business established 30+ years. Business sells new installs, remodels and repairs wood flooring. Good quality business that did $2 Million in sales before the recession hit. Good infrastructure with 13 employees and assets (with 13 trucks and related equipment) to return to that level. Currently doing $1.1 million in sales with $150,000 cash flow annually. Company has assets of $500,000. Company does little advertising and relies on word of mouth and referrals for sales. This is a great opportunity to buy a quality established business for a low end price and rebuild the business and reap the big increase in the value of the business as it increases back to its previous size. Business can be expanded locally and also market to a bigger geographic area. Asking price for the business reduced to $295,000. Columbus, Ohio. If interested please reply to Greg Hedgebeth, Columbus Business Brokers, Greg@Hedge-Financial.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: