Please ensure Javascript is enabled for purposes of website accessibility Established Hardwood Flooring and Carpet Sales and Installation | Transworld Business Advisors Houston UA-80176035-1

Established Hardwood Flooring and Carpet Sales and Installation

Listing Number: 76931-143310

Description

Residential and Commercial Hardwood Flooring Showroom and Installer providing solid wood, and engineered wood flooring. Services include refinishing and resurfacing of wooden floors. For 3 generations now this business has been providing professional hardwood flooring services to the Houston/ Katy Texas areas.
Business is booming and they have a high rate of customer referrals. Revenues for 2021 are expected to hit $500K. Revenues in 2020 were $350K, and $235K in 2019. Currently there are 3 installers and the Owner/Manager. Monthly rent is approximately $2,600 for approximately 1,200 square feet. Owner is the manager of this business. Bring your energy to expand this business, take advantage of this opportunity. Sale includes approximately $15K in FF&E and $3K in Leasehold Improvements. The business has consistent income over the years generating Seller Discretionary Earnings of $141K. This is a high-end flooring company and does carry some carpeting lines to meet customer requests. Materials are ordered by the job and business does not maintain an inventory. It will be helpful if buyer understands the flooring installation business. Seller is retiring.

Listing Details

  • Price: $ 350,000
  • Down Payment: $250,000
  • Sellers Discretionary Earnings: $ 141,000
  • Total Sales: $ 500,000
  • Location: Fort Bend County, Texas

  • Inventory: $ 0
  • FF&E: $ 15,000
  • Employees: 3
  • Reason for Selling: Retiring
  • Category: Flooring
Established Hardwood Flooring and Carpet Sales and Installation

Business Listed By:

Tony Keane
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