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Business for Sale Summary

Wood Flooring Installation & Restoration - 35596

Business Type: bldg materials/hardware/garden,cleaning services,construction building,construction special trades,misc. service/non-classifiable,other business services,other personal services,professional services,repair services,seller financing available,carpet & flooring sales & installation
Owner Financing
Wood Flooring Installation & Restoration
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This business has received 21 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $199,000
Gross Revenues $657,000 Lease Remaining Register Free to View
Owner’s Cash Flow $116,000 Number of FT Employees Register Free to View

Financing

$199,000 Down and $100K over 4 yrs. @ 6.5%

Business Description

Expert Wood Flooring Installation, Hardwood Flooring Repair, Restoration & Cleaning. For the past 20 years, this business has been a leader in the field. They have show growth year over year. The owner is selling as he has relocated out of state and currently operates the business on a remote basis. They are fully staffed and equipped with 6 full-time employees, 3 vans, 2 Hummel belt sanders, 4 Clarke B2 Floor Edgers with cases, 2 vacuums for dustless sanding, 2 Makita radiator machines, 2 buffing machines 16”, flooring nail guns, compressors, table saw, miter saw, routers, compressors, all hand tools for floor installation and much more. These figures come right from the P&L’s. The seller may consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds. The ideal buyer would have experience in the wood flooring industry or related trades. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more, please contact the broker Brian Bernstein at 929-969-0007.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.