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- RE: Well-Respected Flooring Installation Business
- Contact: Steven Graham
Quick Facts
Asking Price: | $495,000 | |
Annual Revenue: | $1,024,919 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $301,952 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 990382 | |
Broker Reference #: | 52941-818241 |
Business Overview:
This flooring installation business is well known for its high quality of installations. The focus of the owner and project team is to deliver the best service possible to its clients. This has resulted in a great customer satisfaction (4.7-star Google rating with over 60 reviews). These past clients also provide great word of mouth for the business as well as excellent references if new clients need additional comfort before starting a project.
For CY 2024, the business produced revenue of $1,025k with an SDE of $301k. Excluding projects where clients paid in cash (which are more difficult to track), the business produced revenue of $832k with an EBITDA of $205k for 2024. To provide better comfort for potential buyers, the seller engaged a third-party accounting firm to use the bank statements to validate the $832k revenue/$205k EBITDA which project was completed and available for a buyer to review.
With a price of $495k, this is a great opportunity for a buyer to purchase a well-respected flooring installation business at a great price. The owner has been dividing his time between this business and other businesses that he owns. He would like to sell this business to the right buyer so that he can focus his attention on his other businesses.
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Reason for Selling:
Pursue Other OpportunitiesAdditional 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
Documents:
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