Business For Sale

Commercial Flooring Install

Omaha, NE
Douglas County


Asking Price: Annual Revenue:
$475,000 $2,247,435

Services: Construction, Contractors


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RE: Commercial Flooring Install Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $475,000 10% Buyer Down Payment: $47,500 15% Seller Financing: $71,250 75% Bank Loan: $356,250 A 10% down payment of $47,500 returns $81,594 in the first year after debt payments!

Quick Facts

Asking Price: $475,000
Annual Revenue: $2,247,435
Net Profit: Not Disclosed
Cash Flow: $222,039
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1988
Employees: 3
BBN Listing #: 869934398
Broker Reference #: CON053

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Business Overview:

Currently including $1MM in the pipeline and $700k in backlog, this business offers a wide selection of ceramic tile, vinyl flooring, and carpeting to customers. The owner does not do any labor, and only works on bidding and sourcing. The 4-person team prepares and wins competitive bids resulting in steady work throughout the year. Consistently earning over $2.3MM annually, subcontractors install projects covering many different industry areas including restaurants, health care, as well as retail.

Focusing operations in Omaha and Lincoln, 5% of this company’s projects are completed in greater Nebraska. Providing excellent customer service and project management to general contractors, architects, building owners, and end users is certainly key to this company’s success.

Utilizing subcontractors for installation reduces the number of necessary employees and though the team may be small, it is effective. An office manager, project manager, and warehouse manager join the owner in day-to-day operations. The owner currently manages the estimates, oversees the bid development, and works with suppliers to manage costs. The owner can complete his duties remotely, and his presence is not required in the office for smooth operations.

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Property Features and Assets:

Building: 3,500 square feet: Office (30%) reception, open and private offices, kitchenette; Warehouse (70%).

Market Competition and Expansion:

Growth Opportunities: Expand to additional commercial categories, expand area served, market to contractors, hire installation staff.

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.

Documents:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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