Business For Sale

Specialty Hardwood Flooring Business

Denver, CO
Denver County

Asking Price: Annual Revenue:
$299,900 $529,701

Services: Home Improvement, Repair, Painting

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

Quick Facts

Asking Price: $299,900
Annual Revenue: $529,701
Net Profit: Not Disclosed
Cash Flow: $169,670
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 6
BBN Listing #: 226013411
Broker Reference #: 201805

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Business Overview:

This 30+ year old, niche hardwood flooring installation, restoration and repair company has an incredible reputation. New floors are 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.

Year-to-date financials: Sales up 24%, Gross Profit up 40% Net Income up 63%.

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Property Features and Assets:

Showroom space and adjacent garage for material storage.

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 with all the growth in the Denver Metro area and should continue for some time. Expansion in this business opportunity is inevitable based on a new operator’s willingness to increase 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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