Top-Rated, Northern Virginia Flooring Business for Sale

Manassas, VA
Asking Price:$390,000
Gross Revenue:$560,000
Established Year:2010
Cash Flow:$170,000
FF&E:$45,000
BUSINESS DESCRIPTION

Northern VA turn-key flooring operation

Step onto a solid built, debt-free flooring business serving the affluent territory of Northern Virginia. With one of the highest rankings on the area, our business is known to deliver consistent on time, quality results to our customer base, at a higher price point that most competitors.

Our staple service is floor refinishing and restoration, followed by staircase remodeling, floor installation and screening and re-coating maintenance service. Although many times services are provided as stand-alone options, we have discovered that our niche is the ability to provide all the services under one single umbrella. Bottom line: convenience for the client.

Pricing on the business selling package is determined by the owner’s compensation, benefits, equipment inventory included, branded vehicles, a solid corporate identity program and most importantly our presence and ranking in the market.

This is an opportunity for an investor-operator with a partner. If you have experience on the flooring filed or any contracting, carpentry or home service, you already have an upper hand. The sales and administrative partner is the liaison between customer and suppliers. The operations partner gets involved in the actual delivery of services, becoming the link between the customer and the crew, while the projects are being completed.

Besides the actual hard assets, the new owner(s)will inherit 1 senior technician and 2 junior technicians. All Spanish speakers with Individual Tax Identification Numbers There is a resource among our subcontractors –senior level, bilingual– willing to discuss joining the team.


DETAILED INFORMATION
Location
Manassas, VA
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
-3 Branded vehicles -All equipment inventory -Customer data base -Full list of suppliers -Legal and online marketing resources, including online marketing campaigns -Transferable insurance policies -Corporate identity programm -National Hardwood Floor Association (NWFA) annual membership, discounts and technical documentation -List of referral partners (painters, handymen, and electrician) -Program for rapid business growth -4 weeks of hands-on training -Free remote consultation for 6 months
Competition
The U.S. hardwood flooring industry employs 45,000 people, contributes $4 billion to our gross domestic product, and generates $8.5 billion in economic output. The majority of Virginia homes feature wood floors, preferred for their value, sustainability and life span of about 100 years. Yet, only a minority of homeowners know how to care for them. Although there are plenty individuals providing flooring services, established companies are favored. Among competitors are Hatchers Floors, MM Floors, Loudon Valley Floors and Prospect Hardwood Flooring.
Growth & Expansion
The business is easily expandable requiring only a few key people and equipment to establish new locations. Opportunity to partner with painting and remodeling contractors among others.
Support & Training
Training and support available as well as standing crew. Terms to be discussed.
Reason for Selling
Retiring Owner
Home-Based
This business is Home-Based
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Ileana Sanchez
Ileana Sanchez