Floor Coatings Business, Commercial & Residential Accounts

Price: $399,000

Location: South Jersey, Eastern PA

Industry: Building and Construction

Listing ID: P022723

This is a well established epoxy floor contractor business serving a niche 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. Seller Financing available

Gross Revenue: $630,000

Cash Flow: $250,000

Seller Financing: Yes

FFE: $10,000 (Included in price)

Inventory: $2,000

Terms & Conditions:

Seller will assist with a transition as necessary to ensure a smooth ownership transition and continued client confidence

Reason for Sale:

Semi-Retirement

Training & Support:

Full support and training from owner.

Year Established: 12

Days & Hours of Operation: Mon to Fri

Owner Hours Per Week: varies

Non-Owner Payroll: $0

Employees: 4

Type of Location: home office

Facilities Information:

This is presently run as a home office based business. It makes an excellent add on to an existing contracting company or would be a great start for trades person ready for ownership.

Owner Qualifications:

Seller will train. Key employee to stay on. A new owner needs to be able to learn and understand client needs, job bidding, product applications, prep, and installation methods for various floor coating applications.

Potential Growth:

Large growth potential exists

Financing/Terms:

seller financing available for a qualified buyer with at least 50% down.