Total of 18659 firms and businesses for sale today Sunday 12th May 2024
Time to Sell or Time to Buy !

Sold. Business To Business Commercial Flooring

LISTING DETAILS
Firms For Sale ID:
29428
Vendor reference:
BH-0720
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$3,600,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$4,557,457
Net profit / cashflow:
$1,111,445
Years established:
1980
Trading hours:
Monday – Friday 7:30 a.m. to 6:00 p.m.
Number of employees:
17

OTHER DETAILS
Reason for selling:
Retirement
Support and training:
Negotiable as required by Purchaser.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This commercial floor covering contractor deals exclusively with business to business accounts, including hospitals, government installations, hotels as well as a myriad of other private locations and businesses. Their primary lines include carpet, sheet vinyl, ceramic tile, stone and wood flooring. They employ a qualified and knowledgeable staff of installers, marketing personnel, as well as project managers and warehouse personnel. In addition to their own staff, they do employ sub-contractors on certain projects as well. Their goal is to exceed their customers' expectations in all aspects of a project from initial inception to completion.

This business was started in the early ‘80’s as a commercial and residential flooring installation contractor. When the current owners bought the business they changed the businesses focus to commercial exclusively. The business location is close to major thorough fares including the Interstate which makes easy access to projects and delivery of materials.

Expansion Potential
This opportunity has an impressive portfolio of successfully
completed projects and an unparalleled reputation for excellence in the industry. A new owner will have a trained staff in place and a solid basis for continued profitability.
Current backlog of approximately $3,000,000