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- RE: Established & Reputable Hardwood Flooring Company
- Contact: Christopher J
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | $1,112,501 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $73,739 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1948 | |
Employees: | 10 | |
BBN Listing #: | 946629 | |
Broker Reference #: | 5182-858894 |
Business Overview:
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.
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Property Features and Assets:
Monthly Rent: $1,600.00
Square Units (Foot, Meter): 2,000
Lease Expiration Date: May 28, 2024, 9:00:00 PM
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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