Well-Run Flooring and Remodeling Company

Not Disclosed, NC

Asking Price: Annual Revenue:
$1,567,000 $6,885,046

Services: Construction, Contractors

Request More Information
Contact the Seller

RE: Well-Run Flooring and Remodeling Company Broker: Ron Buck
Owner Financing is Available!
$156,700down/$78,350 Over 120 months @7% / Other Financing.

Quick Facts

Asking Price: $1,567,000
Annual Revenue: $6,885,046
Net Profit: Not Disclosed
Cash Flow: $645,054
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 41
BBN Listing #: 73704955
Broker Reference #: 1308-16272

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Well-established and profitable flooring services (carpet, vinyl, tile, laminate, pre-finished hardwood, and sand & finish hardwood) and home renovation/remodeling company with a 25-year plus track record! Enjoy a well-developed local reputation coupled with sales, service, and installation capabilities to serve large commercial accounts and consumers alike.

The Company is positioned to serve multiple metro areas. It has a strong brand name and market presence, proven sales and marketing programs, all of the equipment and vehicles necessary to serve the customers, and experienced managers, sales team, and installation crews. This is a turnkey acquisition.

The property is available for purchase for $855,000 or lease for $77,000 per year, payable monthly, NNN. The above financials included a $77,000 per year rent charge. The SDE, if the property is purchased, would be $722,052.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month). The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (approximately 3.75% of the guaranteed amount). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Approximately 12,000 square foot office, showroom, and warehouse facility on 3.0 acres. Assets = $550,000.

Market Competition and Expansion:

The Company competes with other flooring and remodeling companies, but few have the depth and breadth of product. Significant opportunity to expand geographically and through more aggressive online and other direct marketing initiatives.

Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!