Full-Service, Growing and Profitable Flooring Franchise

Atlanta, GA

Seller Financing Available

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Asking Price:$320,000
Gross Revenue:$627,000
FF&E:$50,000
Cash Flow:$133,000
Inventory:$1,000
Established Year:2021
BUSINESS DESCRIPTION

The Company is a full-service flooring retailer focusing on the sales and installation of wood flooring, luxury vinyl plank/tile, laminate, and porcelain tile as well as providing hardwood refinishing services. As a home-based business with no need for a showroom or warehouse, the business operates with low overhead to maximize profitability and maintain excellent margins in a highly competitive industry. They focus on providing customers with the best quality and service, using experienced craftsmen to expertly install flooring and tile as well as other finishing details (e.g. baseboards, moldings) for a stunning look that lasts. The company currently has one employee (owner/operator) and utilizes several experienced 1099 sub-contractors to install the flooring and tile services offered. Having launched as a new business in April 2021, the company has demonstrated tremendous growth with over 400 installations to date and exceptional customer satisfaction as evidenced by their 150+ Five Star Google Reviews.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a home-based business that includes a wrapped vehicle that is used to transport flooring samples/products and is the transportation the owner uses to travel to sales consultations.
Competition
This business includes two franchise territories encompassing ~35 counties within the metro Atlanta area and has grown significantly since the initial launch in 2021. They have acquired experienced installation crews that are vetted and provide high quality services that have helped the business achieve the excellent reputation they have. Additionally, the low overhead business model and the support provided by the Franchisor have helped the business achieve and maintain a ~20+% SDE in a highly competitive industry
Growth & Expansion
Growth opportunities include: Expand flooring options (e.g. carpet) as well as broaden the current offerings for other flooring types (e.g. more styles, added suppliers, etc.) Add commissioned sales personnel to expand sales and networking capacity that can grow revenues without adding fixed overhead. Aggressive marketing to increase brand/business awareness and promote their excellent reputation. Leverage Franchisor’s new program for providing turnkey bathroom remodeling services to participate in fast growing segment in the home improvement industry.
Financing
Negotiable
Support & Training
The franchisor has an excellent training program in which a new buyer will be entitled to benefit from. Additionally, the owner is willing to provide extensive training during the transition period, the duration of which is flexible and can be negotiated.
Reason for Selling
Owner's family is planning to relocate internationally.
Home-Based
This business is Home-Based
Franchise
This business is an established franchise
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Bob Cool