Buy a Business

This “FOR SALE” Business for over 45 years has focused on Building it’s Commercial & Residential FLOORING Business. They were excited to provide their Kitchen & Bath Room designs & Installations to their valued loyal customers. This Business is doing $5.8 Million in Sales and has a NET of 23% or about $1.1 Million. This Business is being offered at a FIRM Price of $4,995,000.

One of the many key values of this Business is the two Owners would like to stay with the new owners for 2 years and help lead the Business to higher Sales and Net Profits. They want to help keep the existing team together and add the needed additional Sales and Installation technicians. They want to grow the Government & Institutional Sales which are their Largest and most Profitable Sales. They also want to focus on their Property Management Companies, their Office Buildings and their Residential Housing. The next 2 years of this business Growth will be most important to the New Management.

Management Invested $124,000 doing the needed “Build-Out” for the 7,000 sq. ft. Show Room and Design Center. The Warehouse 12,000 sq. ft. has a little less than $ ONE Million of Inventory, You will pay for the New Inventory of about $600,000 And may get about $400,000 of Inventory base on favorable terms of the Purchase agreement.

The Vehicles, tools, furniture, show room fixtures, trailers, Office Equipment, Software and all Capital Equipment cost $1 million Dollars, the replacement value is well over $500,000, you will have major value on profitability in your depreciation choices.

Their “EPOXY’ flooring is a big part of their many profit Centers. Management will show you how they take care of many flooring opportunities that other competitors can not do. You will want to learn why they are able to get very profitable contracts from the Government, that others can not even bid on. You will want to learn why they get a lot of Government work on Government Credit Cards and less on being the low bidder. If the Job is not profitable, they do not want the Job.

Stair Case remodeling is an Interesting Profit Center that you will want to refocus on, this can attract more of the Custom Builders that use them to do their Higher End Custom Home projects.

They now or have been doi ng a lot of special flooring work for 6 Military Bases, The US Mint, US Treasury, The Holocaust Museum and other Government Agencies.

We will look forward to giving you more detailed information about this Business and Financials. Please e-mail us with your questions today. We would also like to hear from you if you are interested in SELLING your Business or if you would like Beltway Nationwide Business Brokerage to do a special search for you to find other opportunities to buy other attractive flooring Businesses FOR SALE.

Dennis V. Riley Broker & “COACH” To The Flooring Industries CELL 240-462-8220

dennis@beltwaybrokerage.com office 410-326-2187