Listing Number: 76931-354416
Description
This “specialty” residential flooring company has had a stellar reputation for 25 years. Its niche market allows for sales to a high-end clientele while maintaining an SDE of over $300K. In addition, it has been SBA Pre-Approved.
The company’s product experience allows them to offer a wide range of specific products that will satisfy the most discerning homeowner. The substantial number of 5-star Google reviews back up their customer commitment.
Solid wood flooring makes up approximately 90% of the firm’s revenues. Services include installation, sand & finish, screen & coat, and repairs. The business is operated out of the owner’s home and their ability to obtain customer deposits allows for an operation requiring very little working capital. Financing is also an option for their clients.
This low-overhead business provides a setting for the owner to react to customer demands much faster than the large flooring enterprises. The owner works with multiple experienced crews that are part of a structured project pay scale.
The firm’s specialized product offering sets them apart from the competition but also allows for growth opportunities in other flooring segments such as Luxury Vinyl, Engineered, and Laminate Flooring. This business is ideal for a bolt-on to expand into an adjacent specialized market or a sole owner wanting to pursue their entrepreneurial dreams.
Listing Details
- Price: $975,000
- Down Payment: $975,000
- Sellers Discretionary Earnings: $328,590
- Total Sales: $1,197,828
- Location: Harris County, Texas
- Inventory: $500
- FF&E: $500
- Employees:
- Reason for Selling: Pursue other opportunities
- Category: Construction