14 Year IL Hardwood Floor Biz | Team In Place

Business Overview:

SellerForce® presents a distinguished Hardwood Flooring Installation business that has maintained an excellent reputation in the Chicagoland area since first launching in 2009.

Specializing in not just floor installation but also staining, refinishing, and repairs, this brand has demonstrated consistent growth and profitability, making it an enticing opportunity for prospective buyers. Originally launched as a DBA, the brand later transitioned to a corporation in 2014, and has since enjoyed a vibrant market presence, supported by robust referral networks and distributor partnerships.

This flooring brand distinguishes itself by marketing innovative solutions, such as a cutting-edge dust containment system. This has contributed mightily to customer satisfaction levels by reducing health concerns during refinishing projects. The company operates with a focus on personalized client service, offering their clients free estimates while maintaining open communication channels without requiring their customers to communicate through complex software systems.

The company remains on solid financial ground, with a Seller’s Discretionary Earnings of $195,451 in 2024, reflecting its healthy cash flow. With a one-month backlog of projects, new ownership can immediately tap into fast-rising revenue opportunities. The company also provides generous training and transition support, including seller financing options to ensure a seamless changeover.

Business Broker Takeaways

1. Strong Financial Performance
   The company’s consistent growth in sales revenue and efficient cost management have significantly improved net profit margins, offering a stable and lucrative investment opportunity.
   
2. Expansion Potential
   There are numerous avenues for growth, including a geographic expansion into the City of Chicago, diversifying services into laminate and pre-finished material sales, and increasing brand visibility through online marketing strategies.
   
3. Operational Efficiency
   The business operates on a streamlined 40-45 hour work week, with potential for scaling operations by hiring additional staff and booking simultaneous jobs, thereby enhancing capacity and revenue streams.
   

Overall, this company represents a compelling investment for those seeking a well-established and profitable business with significant growth potential in the flooring industry.

With a team of skilled employees and third-party contractors, the company ensures efficient project execution and has become known for its exceptional customer service. The flexibility of remote operations further enhances its ability to adapt to client needs and manage projects efficiently.

Efficient cost management and a focus on service-based revenue have contributed to improved net profit margins. The business’s stability is further supported by a loyal customer base, high retention rates, and positive online reviews. With the potential for immediate revenue opportunities due to a one-month project backlog, a new owner can quickly capitalize on the existing demand. The current owners are committed to providing comprehensive transition support, ensuring a seamless handover and setting the stage for continued success under new leadership.

Listing ID: SF508 >>

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