Floor Coatings Business, Commercial & Residential Accounts

Atlantic County, NJ

Seller Financing Available

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Asking Price:$399,000
Gross Revenue:$630,000
FF&E:$10,000
Cash Flow:$250,000
Inventory:$2,000
Established Year:2013
BUSINESS DESCRIPTION

This is a well-established epoxy floor contractor business serving a market with strong commercial and residential demand and widespread applications. It is an easy to run business with strong profits and margins, low overhead, and is easily expandable. The business is presently covering NJ, eastern PA, and some larger clients and projects in NY, and Boston. They use a no-nonsense approach to owning every job and by providing the highest level of quality workmanship, they have all the work they want. This business has an excellent website and strong marketing to drive sales, maintain a stellar reputation. They have many successful jobs completed over the years that brings them repeat business, including both residential referrals and large scale commercial and industrial contracts. Strong brand value, a high demand specialty product, and longevity make this a great business.

The owner has been very successful running this business, working hands on to ensure each job follows proper application and techniques needed for superior results. He is seeking early retirement to relax and enjoy life but will be available to help with an ownership transition as needed for a successful transfer and to ensure operations and methods continue smoothly for everyone involved over time. Some seller financing available.


DETAILED INFORMATION
Location
Atlantic County, NJ
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Home office based, comes with diamond grinder, sanding equipment, and tools of the trade. Low overhead, minimal asset value needed to perform work.
Competition
Moderate competition exists. Markets include building and construction, industrial & commercial facilities, residential homes
Growth & Expansion
The epoxy coatings market is wide open with lots of growth opportunity in residential, commercial, and industrial markets. This business has very good branding to build on and is a good candidate for franchising.
Financing
Seller Financing available, SBA Financing pre-approval pending
Support & Training
Full support and training from owner. Easy to run and manage. Highly profitable.
Reason for Selling
semi-retirement
Home-Based
This business is Home-Based
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Paul
Vassallo
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Paul Vassallo