Floor Installation- 100% Subcontracted Out

Chattanooga, TN
Hamilton County


Asking Price: Annual Revenue:
$198,000 $699,032

Services: Construction, Contractors


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RE: Floor Installation- 100% Subcontracted Out Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $198,000 10% Buyer Down Payment: $19,800 20% Seller Financing: $36,600 70% Bank Loan: $138,600

Quick Facts

Asking Price: $198,000
Annual Revenue: $699,032
Net Profit: Not Disclosed
Cash Flow: $100,581
Total Debt: Not Disclosed
FF&E: $13,000
Real Estate: Not Disclosed
Year Established: 30+
Employees: Not Disclosed
BBN Listing #: 873434398
Broker Reference #: CON054

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Business Overview:

30 years serving Chattanooga Business Owners! This commercial flooring contractor in Southeastern TN has been performing wholesale and installation work for over 30 years. There is a large selection of flooring products including the latest style, colors, and fashions. They specialize in carpet, hardwood, and tile, and are a well-known and respected part of the community.

The current owner subcontracts out all of the labor, while his son does oversight of the subcontractors. Both the owner and son would be willing to stay on for an undetermined amount of time to ensure there is a secure and successful transition into the next era.

The growth opportunities are nearly endless as there is zero advertising being done currently. They have also discussed adding larger contracts to their list of clients but haven’t quite made it there yet. Another great way to grow would be to add a few sales people to the payroll to help increase the daily flow of business.

This is a wonderful small business just waiting and ready for the next owner to take it to another level!

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Property Features and Assets:

$1,000/month – month by month basis: Low overhead.

Market Competition and Expansion:

Advertising; larger contracts; bring on W2’s to help with sales.

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.

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