Business For Sale

Hardwood Floor Refinishing Co-Profitable!(Pending)

Not Disclosed, MI
Oakland County

Asking Price: Annual Revenue:
$375,000 $800,498

Services: Home Improvement, Repair, Painting

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RE: Hardwood Floor Refinishing Co-Profitable!(Pending) Broker: Capital Business Brokerage
Owner Financing is Available!
Seller financing available with $125,000 down.

Quick Facts

Asking Price: $375,000
Annual Revenue: $800,498
Net Profit: Not Disclosed
Cash Flow: $186,830
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 8
BBN Listing #: 27562679
Broker Reference #: B2458

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Business Overview:

We are proud to offer a very profitable hardwood flooring company offering its services in the suburban, metropolitan Detroit area. Most of the revenues generated by the business is from repeat business, new-customers and referrals. The business is not reliant on any single large clients. The customers are mostly concentrated in high-income areas. The primary revenue streams are "New Installations including Labor (37%)" and "Sand & Finish Revenues (67%)". The company acquires most of its cliental from online marketing and referrals. The company was established by the current owner in 2002 and has a great reputation in the market for providing quality products and services. The company has experienced a continuous and healthy growth in revenues since 2002. Currently the company has 8 full-time employees and 1 contractor. The business comes with 4-Vans and all the equipment needed to perform the services they offer. They also have one full-time sales person who is primarily responsible for generating the company’s revenue. A new owner has a huge potential to increase revenues by adding more crew members. This is a turn-key business with solid year-over-year growth and revenues which makes this a highly attractive acquisition opportunity that offers huge upside for overall return on investment.

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Reason for Selling:

New opportunity.

Additional Details:

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

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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