Hardwood Flooring Installation & Service

Not Disclosed, AR
Washington County


Asking Price: Annual Revenue:
$299,000 $684,067

Services: Home Improvement, Repair, Painting


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RE: Hardwood Flooring Installation & Service Broker: Richard Roberts

Quick Facts

Asking Price: $299,000
Annual Revenue: $684,067
Net Profit: Not Disclosed
Cash Flow: $145,911
Total Debt: Not Disclosed
FF&E: $91,150
Real Estate: Not Disclosed
Year Established: 1978
Employees: 1
BBN Listing #: 717649165
Broker Reference #: Not Disclosed

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Business Overview:

Hardwood Flooring company in business for over 40 years with great reviews and reputation. They install, sand, refinish, and repair all forms of damage, including water damage for insurance companies. Their sales have been mostly generated by word of mouth but they do have a good website and showroom.

Their work ranges from a single room to large commercial spaces with approximately 40% of their business coming from existing clients (repeat business), many of which are builders.


Further details available upon receipt of signed NDA

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Property Features and Assets:

The building is approx. 3,176 square feet and includes showroom, private office, workshop and fenced in service yard on approximately .46 acres. Along term lease is available and would consider a lease purchase option and/or right of first refusal. Offers for real estate would be considered.

Market Competition and Expansion:

Northwest Arkansas is one of the fastest growing areas in the country and the move to hardwood flooring continues to expand the market. The recent economic forecast for the area is very strong. Adding a sales person, referrals from existing clients and internet/social media marketing would increase sales with much of that increase finding its way to the bottom line.

Reason for Selling:

Retirement

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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