Listing Number: 5182-858894
Description
A respected company in the hardwood flooring sector, known for its long-standing reputation for excellence and reliability. Family owned for over 70 years and with significant experience in the industry, this company is recognized for providing high-quality hardwood flooring solutions. Its key features include skilled craftsmanship, careful attention to detail, and a strong commitment to customer satisfaction. Serving both residential and commercial clients, this business is well-regarded for delivering outstanding results and providing excellent service.
Key Investment points:
1. Semi-Absentee Ownership: The transition to semi-absentee ownership presents a unique opportunity for investors seeking a hands-off approach to management. With day-to-day operations entrusted to capable managers and administrative staff, investors can enjoy the benefits of ownership without the need for active involvement.
2. Experienced Installation Team: A fully trained and experienced installation team is a valuable asset that contributes significantly to the company's success. With a skilled workforce in place, investors can be confident in the ability to consistently deliver high-quality results and uphold the company's reputation for excellence.
3. Established Brand and Customer Base: Over its 70-year history, the company has cultivated a strong brand presence and loyal customer base within the hardwood flooring sector. Its long-standing reputation for excellence and reliability serves as a solid foundation for future growth and expansion. With a track record of delivering high-quality solutions and exceptional service, the company enjoys repeat business and referrals from satisfied clients. This established brand equity not only enhances customer trust and loyalty but also provides a competitive edge in the marketplace. Investors can capitalize on this established reputation to drive sales, expand market share, and capitalize on new opportunities for growth.
Listing Details
- Price: $500,000
- Down Payment: --
- Sellers Discretionary Earnings: $73,739
- Total Sales: $1,112,501
- Location: Knox County, Tennessee
- Inventory: $4,000
- FF&E: $100,000
- Employees: 10
- Year Established: 1948
- Reason for Selling: Retirement
- Category: Flooring
