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Floor Resurfacing Business, 2.25x, New Price, Turn Key, Growing

Rutherford County, TN

Seller Financing Available

Turn-Key, Ready to Go!
Asking Price:$565,500
Gross Revenue:$1,300,000
FF&E:$125,000
Cash Flow:$250,000
Inventory:$15,000
Established Year:2020
Listing ID: 2275185Listing provided by BizBuySell
BUSINESS DESCRIPTION

Service business reasonably priced. TN!

This is an established, profitable and well regarded business in Tennessee's fastest growing city, just outside Nashville. The two partners have decided to focus on their own businesses and are Ready to Sell. They currently work in multiple counties in and around Nashville with their office/warehouse located in Murfreesboro (relocatable). They have experienced employee crews and are equipped for three crews, including trucks, trailers & equipment which are included with the business. This is not a franchise and has opportunities for scaling.

Reasons to Buy this business:
• Truly 'Turn-Key' with trained and experienced crews of skilled installers, furnished with equipment, trucks, and trailers to run three crews (included in price)
• Easily expandable to grow to additional areas of Middle-TN
• No experience needed, with skilled training and instruction provided by Sellers
• Many businesses & homes must upgrade with this system for the safety of their customers and guests, plus immediately adding value and beauty
• Operations and processes are simple, straightforward and efficient with many jobs often completed in one to two days
• Highly sophisticated and successful outsourced marketing and appointment system
• Many 5 STAR Google reviews, with a reputation earned from years of service and installation of a high-quality product and results
• A buyer could work in the business as an owner-operator and retain more cash flow.

Preliminary SBA approval is being sought
Pictures are not of the actual business - It is not a wood floor business.

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The owners lease a small office/warehouse facility to store their equipment and vehicles, job materials, set up for the next day, and product inventory. Landlord will extend lease, but their location is not critical. The business comes with three established crew set ups (truck, trailer and equipment) which are all being utilized. Additional crews and equipment would allow for top line sales growth and additional cash flow.
Competition
This product and service business industry has been around for generations with technology improving the actual product and installation processes for efficiency, durability and beauty. While there is competition, there is ample work for these growing markets. The barrier to entry is not simple, and requires solid business systems, which they have implemented. Often the work is dictated by safety and insurance.
Growth & Expansion
They have added additional crews over the years to grow in a thoughtful way to always be able to deliver 5 STAR work and satisfaction. More crews can be added to grow the business. There is also the opportunity to add addtional related services to this businss and obtain more work per customer.
Financing
Provided for a qualified buyer subject to credit evaluation
Support & Training
The owners are experienced and want the new buyer to be successful. They are willing to spend time on the jobs training and teaching about the products and operations. They have a marketing person who successfully obtains new business and jobs, then schedules the work. Phone numbers, website, Facebook all go with the business.
Reason for Selling
The two owners each have separate other business interests
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Jim
Shaub
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Jim Shaub
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