Home Flooring – Owner does not do Installation

Business Summary:
This business offers flooring solutions to their client base, where 70% of the projects are tile, and 30% involving Vinyl. All installations are subcontracted out to four different subs that are all reoccurring and fully vetted subcontractors. The target clients are homeowners seeking to renovate their homes, with an average job size about $11,000 and in 2023, the business completed 32 projects. The corporate office acts as a virtual assistant where they manage lead generation and schedule client appointments. The owner is responsible for estimates, invoicing, and customer communication, while accounting tasks are outsourced. The business requires very low capital expenditure and equipment. The seller operates remotely from a home office, resulting in low overhead costs. Serving the Space Coast area of Florida, covering regions from south of Daytona (Mims Area) to Port St. Lucie and West Palm. A training period of 6 months will be provided by the seller in addition to the franchisors training program. In order to sweeten the deal, the seller has also offered to carry 15% of the purchase price. There are growth opportunities identified in expanding into the commercial sector and hiring additional estimators and sales staff. Priced at $190,000, this opportunity does NOT require any construction background. This means that potential buyers who are interested in entering the flooring industry but lack experience or knowledge in construction can still successfully run this business.