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Established Hardwood Flooring Installation And Refinishing Business For Sale

Prince William County, Virginia, US
Asking Price:
$1,350,000
Sales Revenue:
$2,496,371
Cash Flow:
$492,192

Excellent opportunity to purchase one of the top hardwood flooring contractors in Northern Virginia. The business was established in 2012 and has become a trusted provider of flooring installation, restoration, and repair services. The company also offers stair and rail refinishing, wood stair installation, and custom floor design services. In addition to hardwood flooring, the business also installs a variety of popular engineered wood and luxury vinyl flooring.

The day-to-day operations are currently handled by a two-person team with one overseeing sales, estimates, and project management and the other handling inbound leads (web/phone), job scheduling, invoicing/billing, and office management. The on-site work is completed by a subcontractor team that has been working with the business owners for many years. The model is relatively low overhead in terms of equipment and inventory as inventory is ordered and shipped to job sites as needed. The combination of industry knowledge, experienced ownership, and market presence has enabled the business to produce impressive annual revenue and cash flow numbers.

The client base consists of both residential and commercial accounts. The business has a modern/informative website which generates leads and with over a decade serving Northern Virginia they also attribute fair amount of business to referrals, word of mouth, and repeat customers. The business has an excellent online presence with a very high composite review score across the well-known online review platforms. Don't miss the chance to take over a well-run business with an excellent reputation in a prime market!

Property Information

Location:

The business operates out of a home office and can easily be relocated anywhere in the service area.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is room for a new owner to grow and expand the business. The owners currently invest in advertising and marketing to create awareness of the business, but those efforts could be expanded upon. A new owner could also bring on sales/estimator team members to focus on increasing the number of jobs handled each year.

Competition / Market:

There is standard competition for the industry/market, but this business stands apart from many competitors due to their reputation and long established presence in the area.

Reasons for selling:

Owner is retiring.

Employees:
2
Years established:
14

Other Information

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

Owner is open to offering some financing based on the final deal terms, purchase price, and buyer qualifications.

Home based:
This business can be run from home
Relocatable:
This business can be relocated