Floor Coating Prep & Application Service Business
Mahoning County, Ohio
Asking Price: |
Gross: |
Cash Flow: |
$1,315,000 |
$1,203,664 |
$430,506 |
Furniture and Fixtures Value:
$630,200 (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:
Discover an exceptional opportunity in the floor coatings industry with a company renowned for its specialization in the installation, refinishing, and resurfacing of floors. The company caters to commercial, industrial, and government sectors, and offers enhanced aesthetics, safety, durability, and maintenance efficiency of flooring solutions. This business offers a comprehensive array of services including concrete repairs, (MVT) moisture vapor transmission control, concrete waterproofing, epoxy flooring installation and resurfacing, as well as concrete polishing. The floor coatings service business is currently operated from a home office by a husband and wife team and a number of skilled workers utilizing a nearby piece of land with a couple buildings that serves to house the equipment and vehicles. The real estate could be purchased, but it is expected that the new owners may wish to move to a warehouse or lease another suitable property. Purchase of the business will include training from the current owner who is also open to a longer consulting agreement if desired. This business could be purchased by a competitive company with similar services, or a hard-working individual ready to invest in a new career in the trades.
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Year
Business was Established: 1990 |
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Number of Employees:
3 FT |
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Facilities / Terms of Lease:
Operated from home office with a storage facility. |
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Potential
Growth/Expansion:
The key to growth is the combination of continued quality work, and investment in new skilled workers. By training and developing a larger team, the company could certainly be expanded. |
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Competition:
This is a somewhat specialized area of flooring without as much competition as most trade services. |
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Owner
willing to finance:
$131,500 down/$131,500 over 60 mos. @ 10%/Other Financing. |
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Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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Reason for selling:
Retirement. |
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REQUEST MORE INFO |
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