Discover an exceptional opportunity in the floor coatings industry with a company renowned for its specialization in the installation, refinishing, and resurfacing of floors. The company caters to commercial, industrial, and government sectors and offers enhanced aesthetics, safety, durability, and maintenance efficiency of flooring solutions. This business offers a comprehensive array of services, including concrete repairs, (MVT) moisture vapor transmission control, concrete waterproofing, epoxy flooring installation and resurfacing, as well as concrete polishing. The floor coatings service business is currently operated from a home office by a husband-and-wife team and a number of skilled workers, utilizing a nearby piece of land with a couple buildings that serve to house the equipment and vehicles. The real estate could be purchased, but it is expected that the new owners may wish to move to a warehouse or lease another suitable property. The purchase of the business will include training from the current owner, who is also open to a longer consulting agreement if desired. This business could be purchased by a competitive company with similar services or by a hard-working individual ready to invest in a new career in the trades.
- Asking Price:
- $1,315,000 Furniture / Fixtures included
- Sales Revenue:
- $1,203,664
- Cash Flow:
- $430,506
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Operated from home office with a storage facility.
Business Operation
- Expansion Potential:
-
The key to growth is the combination of continued quality work, and investment in new skilled workers. By training and developing a larger team, the company could certainly be expanded.
- Competition / Market:
-
This is a somewhat specialized area of flooring without as much competition as most trade services.
- Reasons for selling:
-
Retirement,.
- Trading hours:
-
Monday-Friday 9am-5pm
- Employees:
- 3 FT
- Years established:
- 34
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$131,500 down/$131,500 over 60 mos. @ 10%/Other Financing.
- Furniture / Fixtures value:
- $630,200 - included in the asking price
- Relocatable:
- This business can be relocated.
