Seller's Contact Information
- RE: SOLD Trusted Flooring Underlayment Supplier
- Contact: Dave Godwin
Quick Facts
Asking Price: | $3,900,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | $445,496 | |
Total Debt: | Not Disclosed | |
FF&E: | $650,000 | |
Real Estate: | $350,000 | |
Year Established: | Not Disclosed | |
Employees: | 20 | |
BBN Listing #: | 686655125 | |
Broker Reference #: | N164-DG |
Business Overview:
This company has been serving It's customers with underlayment floor installations for over thirty years, working as a preferred supplier and installer of a major manufacturer's materials in the Central region of the U.S. The company works primarily in commercial construction, including but not limited to: hotels, motels, student living, apartments, condominiums, larger homes, schools, townhomes, studios, and more. The processes they use provide a number of solutions to sound attenuating and subfloor issues found in new construction as well as existing floor systems.
Highlights
Longstanding business with an outstanding reputation for the services it provides.
Numerous repeat customers with substantial contracts already in place for 2023.
Reason for selling: Retirement. Ownership to provide reasonable transition period.
Key management, superintendents, technicians and administrative staff expected to
stay following sale.
Outstanding opportunity to grow this business to a national level or diversify an existing
construction related business.
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Property Features and Assets:
Real Estate $350,000 for Sale or Lease Inventory: $94,000 (Included)
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- 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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