Successful Hardwood Floor Business

Not Disclosed, WY

Can be relocated


Asking Price: Annual Revenue:
$750,000 $687,119

Services: Non-classifiable


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RE: Successful Hardwood Floor Business Broker: Marcie Woolworth

Quick Facts

Asking Price: $750,000
Annual Revenue: $687,119
Net Profit: $60,105
Cash Flow: $331,473
Total Debt: Not Disclosed
FF&E: $142,500
Real Estate: Not Disclosed
Year Established: 2006
Employees: 4
BBN Listing #: 80226281
Broker Reference #: 181

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Business Overview:

This company installs, repairs, sands and refinishes genuine hardwood floors, with an emphasis and focus on the gym floor and sports flooring market. Their target markets are colleges, school districts and recreation centers. They also do residential, dance halls, restaurants, bars, stages, community centers, guest ranches, and other hardwood flooring projects. Primarily serving WY, NE, CO, and working as far as KS, ND and IA.

Proper maintenance of hardwood floors is critical in keeping the integrity and quality of the floor. Most gym floors and other hardwood sports floors are refinished every year to ensure proper protection, optimal function, and playability. They have a proven process to eliminate contamination, create strong bonding between coats, and leave the floors with a beautiful, glossy finish. They can apply an oil base or water base finish and only use the highest quality finishes on the market.

In addition to refinishing hardwood, they also sand, install, and repair hardwood floors. Gym floors are typically sanded every 12-15 years. They are sanded down to the hardwood, resealed, new game lines, logos, and graphics are painted, occasionally stain is applied to the floor, and finish coats are applied. The schools are able to get creative with their new design. Installs and repairs are done on an as needed basis. These jobs include demo and removal, new floor installation, water damage repair, dead spot repairs, cracked and split board repairs, volleyball sleeve and lid install, black vented base cove install, and threshold replacement.

Having been in business for nearly 15 years, they have seen constant growth, even during a slow economy. Their workload is heavier during the summer and holidays when colleges and schools are not in session, but have enough work to keep them busy all year. They hire seasonal help during the summer and holidays, and offer no benefits. No special licenses or permits. Guaranteed pay.

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Property Features and Assets:

This company installs, repairs, sands and refinishes genuine hardwood floors, with an emphasis and focus on the gym floor and sports flooring market. Their target markets are colleges, school districts and recreation centers. They also do residential, dance halls, restaurants, bars, stages, community centers, guest ranches, and other hardwood flooring projects. Primarily serving WY, NE, CO, and working as far as KS, ND and IA. Proper maintenance of hardwood floors is critical in keeping the integrity and quality of the floor. Most gym floors and other hardwood sports floors are refinished every year to ensure proper protection, optimal function, and playability. They have a proven process to eliminate contamination, create strong bonding between coats, and leave the floors with a beautiful, glossy finish. They can apply an oil base or water base finish and only use the highest quality finishes on the market. In addition to refinishing hardwood, they also sand, install, and repair hardwood floors. Gym floors are typically sanded every 12-15 years. They are sanded down to the hardwood, resealed, new game lines, logos, and graphics are painted, occasionally stain is applied to the floor, and finish coats are applied. The schools are able to get creative with their new design. Installs and repairs are done on an as needed basis. These jobs include demo and removal, new floor installation, water damage repair, dead spot repairs, cracked and split board repairs, volleyball sleeve and lid install, black vented base cove install, and threshold replacement. Having been in business for nearly 15 years, they have seen constant growth, even during a slow economy. Their workload is heavier during the summer and holidays when colleges and schools are not in session, but have enough work to keep them busy all year. They hire seasonal help during the summer and holidays, and offer no benefits. No special licenses or permits. Guaranteed pay.

Market Competition and Expansion:

Not much competition in this particular area, especially with the great reputation this business has.

Reason for Selling:

Retirement

Additional Details:

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

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