Seller's Contact Information
- RE: Hardwood Flooring And Carpet Sales And Install
- Contact: Anthony Keane
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $141,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 3 | |
BBN Listing #: | 509944107 | |
Broker Reference #: | 76931-143310 |
Business Overview:
Residential and Commercial Hardwood Flooring Showroom and Installer providing solid wood, and engineered wood flooring. Services include refinishing and resurfacing of wooden floors. For 3 generations now this business has been providing professional hardwood flooring services to the Houston/ Katy Texas areas.
Business is booming and they have a high rate of customer referrals. Revenues for 2021 are expected to hit $500,000. Revenues in 2020 were $350,000, and $235,000 in 2019. Currently there are 3 installers and the Owner/Manager. Monthly rent is approximately $2,600 for approximately 1,200 square feet. Owner is the manager of this business. Bring your energy to expand this business, take advantage of this opportunity. Sale includes approximately $15,000 in FF&E and $3,000 in Leasehold Improvements. The business has consistent income over the years generating Seller Discretionary Earnings of $141,000. This is a high-end flooring company and does carry some carpeting lines to meet customer requests. Materials are ordered by the job and business does not maintain an inventory. It will be helpful if buyer understands the flooring installation business. Seller is retiring.
OWNER
As a Houstonian native, I have a deep love for Houstonians and their hardwood floors. I approach both life and work with sincerity, honesty, and compassion. To me, there is nothing more rewarding than seeing a client fall in love with his or her new hardwood flooring installed or older wood floor refinished.
EXPERIENCE
For the past 25 years, I have been helping people install and refinish their hardwood floors in their homes. With a background of three generations in hardwood flooring services, I have a thorough understanding of the hardwood flooring market and know what it takes to champion a client’s needs.
Whether you’re renting a co-op or buying a mansion, I can help you price the right wood flooring for your property, our services also include sales of name brand floors, new installations, repairs, refurbish, re-sand, and more.
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Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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