Flooring Business: Proftable, Long Established

Business Overview:

Established in the mid-1970s, this profitable flooring business has a tremendous reputation. They were excited to provide their Kitchen & Bath Room designs & Installations to their valued loyal customers. The two owners would like to stay with the new owners for two years and help lead the business to higher Sales and Net Profits. They want to help keep the existing team together and add the needed additional Sales and Installation technicians. Their goal is to grow the Government & Institutional Sales which happens to be the largest and most profitable segments of the company. They also want to focus on their Property Management Companies, their Office Buildings and their Residential Housing. The next two years of this business growth will be most important to the new management.

Management Invested $124,000 to complete the needed “Build-Out” for the 7,000 square feet. Show Room and Design Center. The Warehouse 12,000 square feet has a little less than $ ONE Million of Inventory. The Vehicles, tools, furniture, show room fixtures, trailers, office equipment, software and all capital equipment cost $1 million Dollars, the replacement value is well over $500,000, you will have major value on profitability in your depreciation choices.

Their “EPOXY’ flooring is a big part of their many profit centers. Management will show you how they take care of many flooring opportunities that other competitors cannot do. You will want to learn why they get a lot of Government work on Government Credit Cards and less on being the low bidder. Stair Case remodeling is another interesting profit center that can attract more Custom Builders. They are currently focused on completing flooring jobs booked six Military Bases, The US Mint, US Treasury, The Holocaust Museum, and other Government Agencies.

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