This is the area's premier hardwood flooring and installation company. It is well-established, turnkey and very profitable, offering both sales and finishing services, restoration, repair and they have a retail showroom. They are the largest firm in the market area with their extensive and diverse products and services which means multiple profit centers. Their long history of 45 years has built them an excellent reputation. They keep meticulous books and records and have a well-trained staff. This is an excellent opportunity to own a profitable, turnkey business and live on the beautiful gulf coast.
- Asking Price:
- $410,000 Furniture / Fixtures included
- Sales Revenue:
- $1,230,000
- Cash Flow:
- $155,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Located in close proximity to the downtown area.
- Premises Details:
-
Facility occupies approx. 5100 sq. ft with ample parking. Building consists of an office area and warehouse/manufacturing.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business has seen steady growth with excellent cash flow for the past several years. The owner confines his business to within a very close proximity to the shop. He does limited advertising, has no salesman and has not made an attempt to expand. There is plenty of opportunity for growth and expansion.
- Competition / Market:
-
They are the largest firm in the market area.
- Reasons for selling:
-
Seller wishes to retire
- Employees:
- 3 Full-Time and 2 Part-Time
- Years established:
- 45 years
Other Information
- Support & training:
-
Seller will provide sufficient training to ensure a smooth transition at no charge. Additionally, seller would stay on as a consultant if required.
- Furniture / Fixtures value:
- $80,000 - included in the asking price
