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Highly Profitable Unique Flooring Restoration Business!!!
Business Description
This Business has now reduced its price by $200,000.00 and they are firm on it. They utilize a rare dry process with 100% mechanical, (no chemicals, no coatings) and specialized equipment and machines with a fine smooth diamond grinding pad to create a smooth, brilliant, polished, high gloss, shiny appearance on the floor surface in the restoration of Italian Terrazzo Flooring. There is no General Contractors License needed. They also employ the use of a portable mechanical air filtration system for safety reasons. They do primarily Residential and some Commercial Restorations. Their Services are provided primarily along the Florida West Coast. They are booked out for 3 months and their reputation is impeccable! They are well known throughout the area as the best in the industry!!! They have lowered the price by over $100,000. The Owner will Carry 5-10% depending on the buyer, specific situation and Price Point, and it is now SBA Approved! And they will also discount the price more for a straight cash deal!!!
About the Business
- Years in Operation
- 19
- Employees
- 4
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- They Lease a Storage Warehouse ($1800/mo) for vehicles and equipment. Two trucks, a Trailer and equipment with a current market value of approx. $150,000.00, and Inventory approx. $50,000.00+. Hence $200,000.00 in physical assets/collateral for financing. See list.
- Market Outlook / Competition
- Business is doing Great! Booked out for 3 mos. Very little if any competition. They use High-End Equipment to get the Best High-End Results! They implement a unique dry application process with no chemicals and no coatings in the restoration of Terrazzo Floors, which is rare and highly sought after and gets the best high sheen results in the market!!!
- Opportunities for Growth
- Concrete polishing, Maintenance, Acid Wash and Epoxy are all services that could be added. The Commercial Market could be expanded by setting up at a few Commercial Trade Shows, direct marketing events and networking. Garages could easily be added to the Residential Market. Also, they have several URL domains which if implemented with SEO could Increase the internet footprint. These types of floors need periodic maintenance approximately once every 10 years, so they have 1000’s of clients who could be contacted for Maintenance and a “Free Inspection”!
About the Sale
- Seller Motivation
- Owners are retiring and moving to Colorado.
- Transition Support
- 4-8 Weeks transition and training period included at no extra charge. The Field Manager (The Owners son) will stay on board for a minimum of 6 months for extended training and stability.
- Financing Options
- Owners have lowered the price by $200,000.00 to avoid any Owner Financing.
Listing Info
- ID
- 2351349
- Listing Views
- 2242
Listing ID: 2351349 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.
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