Flooring Company in FL with Climbing Revenues! (17662)
ConstructionFor Sale in FL
Financial & Assets Details
About the Business
Flooring business in North Central Florida offers national branded products and traditional installation services, as well as, property management and restoration. This thirty-year old business has a sterling reputation among its residential and commercial client base. In addition to its commercial flooring business, the company has developed a turnkey property preservation business for mortgage lenders and asset managers which has produced profitable results during economic downturns. The company is an aligned dealer for the largest flooring manufacturer in the U.S. and operates from an 11,000 square foot retail/warehouse facility which allows space for expansion. Owner transition is flexible up to a year if needed, alongside the company’s skilled team of seven nonunion employees who will remain. Marketing efforts consist of a nationally supported website linked to its manufacturers and the Better Business Bureau; print advertising in community periodicals; and referrals from its large database. Revenues in 2019 totaled $1.2 million, and based on an independent valuation, the company produced Seller Discretionary Earnings of $256,528.
Financing can be negotiable for the appropriate buyer.
Property is available for purchase within a total asking price of $1,500,000!
Support & Training
Flexible Owner Transition period of up to one year.
Reason for Selling:
Approaching retirement and/or pursuing other interests.