Established & Reputable Hardwood Flooring Company

Knox County, TN

Seller Financing Available

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Asking Price:$500,000
Gross Revenue:$1,112,501
Rent:$1,600
Established Year:1948
Cash Flow:$73,739
Inventory:$4,000
FF&E:$100,000
BUSINESS DESCRIPTION

Long-Tenured Business with solid client base

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.


DETAILED INFORMATION
Location
Knox County, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
24/05/2025
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
4 weeks
Reason for Selling
retirement
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Chris
Whitehead
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Chris Whitehead