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Home Flooring – Owner Does Not Do Installation In Florida For Sale

Florida, US
Asking Price:
$190,000
Sales Revenue:
$361,416
Cash Flow:
$65,719

This business offers flooring solutions to their client base, where 70% of the projects are tile, and 30% involving Vinyl. All installations are subcontracted out to four different subs that are all reoccurring and fully vetted subcontractors. The target clients are homeowners seeking to renovate their homes, with an average job size about $11,000 and in 2023, the business completed 32 projects. The corporate office acts as a virtual assistant where they manage lead generation and schedule client appointments. The owner is responsible for estimates, invoicing, and customer communication, while accounting tasks are outsourced. The business requires very low capital expenditure and equipment. The seller operates remotely from a home office, resulting in low overhead costs. Serving the Space Coast area of Florida, covering regions from south of Daytona (Mims Area) to Port St. Lucie and West Palm. A training period of 6 months will be provided by the seller in addition to the franchisors training program. In order to sweeten the deal, the seller has also offered to carry 15% of the purchase price. There are growth opportunities identified in expanding into the commercial sector and hiring additional estimators and sales staff.
Priced at $190,000, this opportunity does NOT require any construction background. This means that potential buyers who are interested in entering the flooring industry but lack experience or knowledge in construction can still successfully run this business.

Business Operation

Expansion Potential:

Growth Opportunities: Expand into the commercial sector, outsource to an estimating firm and hire additional sales staff

Employees:
Corporate office is the virtual assistant handling all lead generations and schedules all client appointments. There are 4 reoccurring, fully vetted sub-contractors who perform all the install & labor
Years established:
2021

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

6 months in addition to the training provided by the Franchisor

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

10% Buyer Down Payment
$19,000
15% Seller Financing
$28,500
75% Bank Loan
$142,500

Related Documents:
Home based:
This business can be run from home.