PAINTSVILLE, Kentucky
| Asking Price |
$1,600,000 |
Year Established |
1980 |
|
| Annual Revenue |
$3,000,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Andrew Page |
|
| Annual Cash Flow |
$500,000 |
Listing Number |
1015479 |
|
| # of Employees |
10 |
Business Category |
Retail: Home Improvement |
|
Business Overview:
Established in 1980, this highly respected flooring and cabinet business is offered for $1,600,000 with approximately $3M in annual revenue and $500,000 in SDE after rent. The business operates from a 15,000 sq. ft. showroom and warehouse leased from the seller for $10,000 per month, with no relocation risk. Approximately $200,000 in active inventory and $50,000 in FF&E are included. The company offers carpet, hardwood, laminate, luxury vinyl, tile, cabinetry, kitchen and bathroom design, and professional installation. Revenue is approximately 50% residential and 50% commercial, supported by repeat customers, referrals, and a 3–4 week year-round backlog. Long-tenured W-2 installation crews provide direct control over quality and scheduling. Operations use Sage for accounting and 2020 Design for cabinet layouts. The retiring owner will provide transition support and training. Growth opportunities include stronger digital marketing, expanded cabinet design, e-commerce, hardwood refinishing, specialized tile work, and additional commercial and builder accounts.
Property Features and Assets:
<p>15,000 sq. ft. showroom, office, warehouse, and inventory facility leased from the seller for $10,000 per month. Approximately $200,000 in active flooring and cabinet inventory and $50,000 in FF&E are included. Assets include showroom displays, warehouse equipment, installation tools, customer and supplier relationships, trade name and goodwill. The business uses Sage for accounting and 2020 Design for cabinet layouts. The stock-heavy inventory model allows installation in as little as 48 hours on stocked materials.<br></p>
Market Competition and Expansion:
<p>The business has a strong local position built over 46 years with repeat customers, referrals, and approximately 50/50 residential and commercial revenue. A year-round 3–4 week backlog and approximately $200,000 in stocked inventory allow the company to complete some installations within 48 hours. Growth opportunities include improving digital marketing and online lead generation, expanding cabinet and kitchen/bath design, adding e-commerce, offering hardwood refinishing and specialized tile work, and expanding commercial, builder, and contractor accounts.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity