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Business For Sale Listing 125314

Flooring Contractor – Highly Profitable

Status as of Nov-22-2008 at 06:05 PM: Sold!

Business Summary

DESCRIPTION: This niche business provides homeowners and developers with specialized hardwood flooring solutions. The company provides expert floor sanding and refinishing and wholesales and retails pre-finished hardwood flooring, high quality laminate flooring and tile. Custom installation is offered for all products. It serves the entire southern Maine area and its attractive showroom offers a large product selection. The business has established name recognition, market longevity, expertise in its field, and an excellent reputation. Custom installation is an important component of the business and is provided by a team of professional, trained subcontractors.

MARKET: There is limited competition in this market and none the equal of this company. This company sells products of superior value compared to commodity stores and others selling poor quality imitations. It specializes in service and has trained installers, something no one else offers. Others sell inferior products and do not provide the quality service, or provide no service at all. This business has been and still is in a state of growth. The market continues to expand and there are untapped markets and new products that can be added to further broaden its profit centers. A new owner who is a creative entrepreneur and continues the aggressive marketing has an open door to growth with this business.

FACILITIES: The large showroom and related facilities are conveniently located in a rapidly growing area of southern Maine. The facilities are well maintained and feature all the equipment and leasehold improvements necessary to support its ongoing success.

DOWN PAYMENT: $495,000
INVENTORY: $50,000
WORKING CAPITAL: $150,000
BANK/SELLER FINANCING: $500,000
WORKING CAPITAL NEEDED: $150,000


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Industry

Sector: Construction
Industry: Flooring Contractors

Location

Classification: United States // New England States // Maine
Location: Southern Maine

Financials

Sales: Between $2.5 Million And $5 Million   ($2,500,000)
Profits: Between $100 Thousand and $500 Thousand   ($400,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Fiscal Year: Proforma
Asking Price: Between $500 Thousand and $1 Million   ($995,000)
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