914 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$592,000
Revenue$2,246,774 Established2001
Cash Flow$307,260 Employees9 full-time
FF&E$24,154* FranchiseNo
Inventory$35,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This company, based in the Chattanooga area, has been in business for 20 years and is a well-established commercial flooring installer in the area. From 2019-2020, this company earned an average of $2,246,774 in revenue and $250,164 in seller discretionary earnings (SDE) or 11% of revenue. As of June 30 this year, SDE was $307,260 and revenue was $1,440,508.

The company has great office employees which would stay with the business. All office employees are very well trained and have been with the company for several years. This allows the owner to take 6-8 weeks of vacation each year. In addition, the business has fulltime installers and utilizes several subcontractors. The owner is dedicated to ensuring that all employee and subcontractor relationships transfer.

The business prides itself on its level of quality, variety of products, and ability to get the job done on time. The business has a few competitors in area, but believes these qualities separates them from the competition.
Growth Potential:Future growth for the company can be found by expanding the region that the company services and opening a showroom/warehouse focused on wholesale flooring for general contractors.
Training/Support:The owner, who is retiring, is willing to train and transition the purchaser for a mutually agreeable period following closing to ensure a smooth and seamless transition.
Sale Reason:Retirement
Ad #132874
Seller Reference #KNOXVTN002-N33
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Matteo Valles
865-964-7786
Name
Email Address
Message