Floor Coating Prep & Application Service Business
Relocatable, OH Mahoning County
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- RE: Floor Coating Prep & Application Service Business
- Contact: Bill White
Quick Facts
| Asking Price: | $1,315,000 | |
| Annual Revenue: | $1,203,664 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $430,506 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $630,200 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 3 | |
| BBN Listing #: | 944843 | |
| Broker Reference #: | 4301-18320 |
Business Overview:
Discover an exceptional opportunity in the floor coatings industry with a company renowned for its specialization in the installation, refinishing, and resurfacing of floors. The company caters to commercial, industrial, and government sectors, and offers enhanced aesthetics, safety, durability, and maintenance efficiency of flooring solutions. This business offers a comprehensive array of services including concrete repairs, (MVT) moisture vapor transmission control, concrete waterproofing, epoxy flooring installation and resurfacing, as well as concrete polishing. The floor coatings service business is currently operated from a home office by a husband and wife team and a number of skilled workers utilizing a nearby piece of land with a couple buildings that serves to house the equipment and vehicles. The real estate could be purchased, but it is expected that the new owners may wish to move to a warehouse or lease another suitable property. Purchase of the business will include training from the current owner who is also open to a longer consulting agreement if desired. This business could be purchased by a competitive company with similar services, or a hard-working individual ready to invest in a new career in the trades.
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Property Features and Assets:
Operated from home office with a storage facility.
Assets = $630,200
Market Competition and Expansion:
This is a somewhat specialized area of flooring without as much competition as most trade services.
The key to growth is the combination of continued quality work, and investment in new skilled workers. By training and developing a larger team, the company could certainly be expanded.
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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