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Home Flooring: No Installation

Omaha, Nebraska

Asking Price: Gross: Cash Flow:
$690,000 $1,040,057 $237,677

Furniture and Fixtures Value:
$0 ( not included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
This flooring company has been serving the Omaha/ Lincolnarea for several years. The business specializes in providinghigh-quality flooring solutions to a residential client base. TheCorporate office provides all lead generations and schedulesthe first appointment with the potential client. The ownerperforms the estimate, invoicing and site checkups while100% of the installation is subcontracted out. There are over10 subcontractors on a regular basis, with the average projectrequiring 1-2 individuals for completion. The average job sizein 2022 was $5,000 with a minimum rate of $2,000. Theowner of this business operates out of his home office anddoes not need the traditional office space, resulting in little tono overhead. Due to relocation out of state, the seller iswilling to provide a transition period of 6 months to ensure asmooth handover. In addition to the proposed transitionperiod, the franchise provides comprehensive training andongoing support to ensure that new owners have all thenecessary skills and knowledge to operate the businesseffectively. With its strong reputation, established supplierrelationships, and a growing market, this business has thepotential for continued growth and profitability.Priced at $690,000, this opportunity presents a uniqueproposition as it does not require any constructionbackground from potential buyers. This means that individualswho are interested in entering the flooring industry but lackexperience or knowledge in construction can still successfullyrun this business

 
   
   
Year Business was Established: 2020
   
Number of Employees: 1  
   
Potential Growth/Expansion: Expand into the Commercial sector  
   
Owner willing to finance: 10% Buyer Down Payment $69,000 15% Seller Financing $103,500 75% Bank Loan $517,500  
   
Owner willing to train: 3-6 months in addition to the training provided by the franchise  
   
Reason for selling: Relocating out of state  
   
This business is Home Based.  
 

 

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