MINNEAPOLIS, Minnesota
| Asking Price |
$235,000 |
Year Established |
2024 |
|
| Annual Revenue |
$585,000 |
Reason for Selling |
Career path change |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$0 |
Listing Number |
1020373 |
|
| # of Employees |
1 |
Business Category |
Services: Home Improvement, Repair, Painting |
|
Business Overview:
Mobile floor covering services franchise business that sells and installs floor covering products. The customer sets up an appointment for the Sales rep to come out with their mobile van that has product samples for the customer to look at and decide which floor coverings they would like to purchase.
There are 5 trained installation teams (subcontractors) that install hardwood, vinyl, carpet, tile and all types of commercial flooring products. There is also an office support team that plans to stay on with the new owner.
The franchise has 4 large territories covering Northeast Minneapolis, St. Paul and North Metro Minnesota. Asking price includes a 2019 Ford Transit Connect van that operates as the mobile showroom.
Product samples, signage, marketing materials, a pallet jack and other miscellaneous supplies are included. 56% of the incoming leads are from existing customer referrals. About $22k was invested in 2025 for web content, blog posts and online AI visibility to increase revenues.
Property Features and Assets:
<p>The business has a strong online presence through its customized website, a Facebook presence and a high internet search ranking in the Minneapolis marketplace. It currently maintains a perfect 5.0 Google performance rating from 55 reviews, The current owner is stepping back from the business to take care of an elderly mother. This is a fully turnkey business with lots of growth potential and immediate cash-flow. The sales team currently is closing just over 44% of all quotes given, the average job order is just under $6k and the gross profit margin is just under 40%.</p>
Market Competition and Expansion:
<p>This business has built a solid foundation in the community in just over 18 months in business. The demand for flooring products exceeds what the current team is able to complete so there is a strong indication that hiring additional subcontracted staff will grow the annual gross revenues each year for future income and earnings growth..</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 a franchise resale opportunity