Flooring Sales & Refinishing with Niche in Hardwood

Asking Price$805,000

Cash Flow
$227,475
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,167,323

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Flooring Sales & Refinishing with Niche in Hardwood


Asking Price$805,000

Cash Flow
$227,475
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,167,323

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
60% Refinishing and 40% Installation & Sales!
The company specializes in hardwood flooring sales,
installation, refinishing, and maintenance services such as
deep cleaning, recoating, and re-oiling. Serving primarily the
Winnipeg and Manitoba, catering to a diverse client base
consisting of general contractors, architects, interior
designers, and home owners. Established over 15 years, this
business operates out of a 2,800-square-foot facility in
Manitoba, just outside Winnipeg, which includes a showroom,
warehouse, and office space. The team consists of three full
time employees: a lead sander, lead installer, and an
assistant, as well as a network of proven subcontractors. The
equipment is owned. The seller has offered to stay with the
business for 1 year post close as part of their transition period
in addition to carrying 15% of the purchase price as a show of
faith in the continued success of the business moving
forward. Also includes over $150,000 in vehicles and
equipment plus a nice backlog of upcoming work!
Priced at $805,000, there have been several growth
opportunities that have been identified, including expanding
marketing efforts and enhancing their online presence. The
owner notes that the company has relied almost exclusively
on word-of-mouth referrals and has done very little
advertising, SEO, or website development. They believe that
investing in digital marketing and a more robust website could
significantly increase visibility and attract new customers.
About the Business
Years in Operation
16
Opportunities for Growth
Hire sales people and offer
maintenance contracts
About the Sale
Seller Motivation
Looking for a new chapter after nearly 2 decades
Transition Support
6 months – 1 year
Financing Options
15% Seller Financing
Listing Info
ID
2412676
Listing Views
21
Attached DocumentsAttachment Disclaimer

a_Summary_CBI049_B.pdf


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Business Listed by: Jared Olson The Firm Advisors, LLC

Listing ID: 2412676 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.