Established Floor Coatings Business w/ Labor

Baton Rouge, LA
East Baton Rouge Parish

Asking Price: Annual Revenue:
$185,000 $77,000

Services: Home Improvement, Repair, Painting

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RE: Established Floor Coatings Business w/ Labor Broker: Phil Maguire

Quick Facts

Asking Price: $185,000
Annual Revenue: $77,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 870152301
Broker Reference #: Not Disclosed

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Business Overview:

Rare opportunity to own a turnkey, fully operational business servicing the Baton Rouge area, with skilled and experienced labor in place, paying customers as well as a newer service vehicle, equipment and all the tools needed for the new owner to shape and grow the company. Current owners have enjoyed building the company but are moving out of state to deal with family health issues. Fortunately, they have completed the hard work of establishing a robust foundation and are looking for a buyer who will ride their momentum, taking the business to the next level.

Company for sale is the Greater Baton Rouge location (servicing portions of Baton Rouge, Gonzalez, Denham Springs, Hammond, and Covington) of one of the nation’s largest installers of durable floor coatings that are up to 20x stronger than epoxy, 100% Ultraviolet resistant, and can be applied throughout the year inside and outside of residential and commercial buildings. Coatings are patented and sourced direct from the manufacturer in a variety of eye-catching colors and patterns. Whether installed for aesthetic (spruce up a garage) or safety (anti-slip-and-fall) purposes, these concrete coating systems can withstand pressure, weight, and heavy traffic without chipping, fading, or becoming dull.

In addition to a favorable local reputation, buyer will receive:

1. Extended cab truck with vehicle wrap and company phone number
2. Equipment package with wrapped trailer that includes all materials and tools necessary to complete residential and commercial floor coating installation jobs
3. Inventory of patented, unused floor coating product
4. Lead installer and estimator with sales and customer service duties willing to stay on with new owner or remain only to complete the training and transition period for the new owner
5. Comprehensive online presence including company website, Facebook page, Yelp for Business page, and Google for Business page
6. Customer/prospect list with approximately 100 contacts’ names and contact information
7. Potential tax advantages. Service vehicle and some equipment and tools are eligible for section 179 tax deduction and/or depreciation

The new owner can run the business as an owner-operator or as a semi-absentee investment. The current estimator and lead installer is willing to stay on with the new buyer. The new owner will also receive full training and ongoing support from the corporate office in all aspects, including installation, business planning, lead generation, sales, marketing, and customer service.

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Property Features and Assets:

Extended cab truck to pull trailer. Truck is already wrapped and ready to go including business phone number on wrap. Equipment package trailer. Trailer is also wrapped with business phone number. Includes all equipment that is needed to perform installations. Bigger pieces include grinder, shot blaster, hand grinder, two vacuum systems, to name a few. (Home Based)

Market Competition and Expansion:

Huge opportunity to increase servicing portions of Baton Rouge, Gonzalez, Denham Springs, Hammond, and Covington.

Reason for Selling:

Relocation for family health reasons.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This may become a franchise resale opportunity.

Relevant Links:

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