Specialty Hardwood Flooring Business

Not Disclosed, CO
Denver County

Denver Metro Area

Asking Price: Annual Revenue:
$299,900 $526,286

Services: Construction, Contractors

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RE: Specialty Hardwood Flooring Business Broker: Wayne Wright, CBI
Owner Financing is Available!
The Seller will entertain offers of varying financial and legal structures.

Quick Facts

Asking Price: $299,900
Annual Revenue: $526,286
Net Profit: Not Disclosed
Cash Flow: $152,435
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 7
BBN Listing #: 640113411
Broker Reference #: 201805

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Business Overview:

The company saw a 33% increase in sales and a 40% increase in profit in 2018 versus 2017!

This 30+ year old, niche hardwood flooring installation, restoration and repair company specializes in old and historic homes and has an incredible reputation. New floors are also installed using a variety of standard wood species. The company has an excellent reputation for professionalism and quality in its niche restoration community. Most of the business is high end, specialty residential projects with some commercial and corporate clients. They continue to keep their A+ Rating with the Denver Better Business Bureau.

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Property Features and Assets:

Small office/showroom/warehouse space with additional community conference room.

Market Competition and Expansion:

Competition: Like most businesses, there are several competitors that operate in the area, however this business has a long history of bidding and winning against others due to its reputation in its niche restoration market, pricing structure, and personalized service. Growth and Expansion: There is a large, untapped opportunity for expanding in this market. The demand is here for niche company and with all the growth in the Denver Metro area the refinishing portion should continue indefinitely. Expansion in this business opportunity is inevitable based on a new operator’s willingness to increase marketing efforts, staff and manage more installations.

Reason for Selling:

The owner is getting ready to retire.

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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