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Established Custom Hardwood Flooring Manufacturing Business For Sale

Abingdon, Virginia, US
Asking Price:
$350,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

We listed our company for sale a few weeks back…. It has been most enlightening with the ideas & diversity from you, the “interested-party”!

I now have a more diversified approach as just how to offer this wonderful opportunity.

We have operated as a successful “boutique” flooring, wall covering, furnishings, and architectural salvage business for the last 14 years. In 2017 we acquired a “millwright-production” facility in Abingdon, VA about an hours drive. This 5000’ facility operates at less than 20% of capacity and offers tremendous growth with regards to volume & diversified product offerings. This facility is rented with more space available.

Our location in Johnson City, TN serves as our warehousing for the impressive inventory of reclaimed and sawmill lumber, circa 1800 logs, beams, barn-tin and architectural salvage. Currently, all inventories are received, pre-finished & shipped from Johnson City. This property is the original Harris Flooring plant founded at the turn of the century; the “bones” are still intact for a world-class production facility. It too is for sale, however I would consider subdividing and/or lease options. See: www.7acresdowntown.com

Please take notice of the new offering; separate facilities, inventory optional and reduced price!

Contact me personally for conversations… happy to share thoughts & ideas!

Warmest Regards Steve McKinney

More Details:
Owner retiring. Southern Appalachian location. In business since 2007, high ticket sales and strong repeat customer business.

Sale is for Assets/Intellectual property of Established custom flooring business including the mill operation that produces all of the flooring. The Mill operation can easily branch off/expand to produce custom moldings with the 800 +/- molder heads that are included.

Current Inventory (200,000+ BF) is not included in this price and can be negotiated at the time of sale.

Intellectual property includes all related domain names, established social media accounts, phone numbers, logos, and client lists.

Our customer testimonials and reviews speak to our intimate style and outstanding customer service and will be furnished upon request.

Our client list includes a good mix of commercial and residential. We have an excellent track record of repeat customers and word of mouth referrals from previous clients (A good portion coming out of the northeastern US)

A Buyer with reasonable business acumen and a general understanding of the construction industry specifically related to wood products and wood flooring will find this to be an outstanding opportunity.

Relocatable and could easily be expanded to substantially increase sales (records available)

We have stayed small by choice, the potential is here, just come and get it!

Furniture / Fixtures / Equipment value:
$300,000 - included in the asking price


For more information, please contact us by using the form below.

Property Information

Location:

7.06 acres prime level real estate with rail access adjacent to the property is available for purchase or lease, but not included in the sale.

Premises Details:

Mill operations are conducted in a leased 5000 s.f. building in Abingdon, VA and are separate from the manufacturing. ALL mill equipment IS included.

Main operations are currently out of a former flooring manufacturing plant which is also for sale, but not included in the price.

The main (MFG) property consists of 4 enclosed buildings and 3 open sheds. Operating mostly out of building “A” (34,100 sf.) Total s.f. of buildings and open sheds is 125,000 sf on 7+ ac

Both locations available to lease

Size in square feet:
125,000 sf on over 7 acres (not included, but available for sale or lease)

Business Operation

Expansion Potential:

Proven track record of additional product offerings leading to substantial profit growth. Equipment included also offers potential to branch out milling operations. Over 500 profile molding heads are included with the business, as well as all of the molding and milling equipment.

Competition / Market:

While there are other flooring companies offering similar products, there are none to speak of in close proximity, and I have yet to find one that offers anything close to our combination of products and customer service anywhere. We have a truly unique process, and everything is done custom, which puts us head and shoulders above the rest.

Reasons for selling:

Retiring

Trading hours:

Mon-Thur 07:30 - 3:30

Employees:
12
Years established:
13

Other Information

Support & training:

Open for discussion

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Partial financing is available. Please contact the seller for more information.

Furniture / Fixtures value:
$250,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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