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Wood Floor Installation And Refinishing
Location: United States -> Maryland -> Montgomery County
Industry: Business Services > Construction




Business Summary

Specialty contractor for the refinishing of floors, installation of new wood floors in all its forms, installation of Luxury Vinyl Planks (LVP) and laminated floors. Installation and refinish of stairs. Maintenance of existing wood floors.

Established over 25 years ago, the business has maintained uninterrupted operation throughout the years. It has solidified its reputation as one of the leading floor contractors in the DMV area and has consistently ranked as a top choice in consumer report rankings (including Angie's List Top Contractors Award) for many years.

During its growth phase, Premier Floors expanded from a team of 2 full-time employees to a workforce of 14 by 2018. However, in 2020, the owners made the strategic decision to begin preparing for their retirement. Consequently, they closed the warehouse and sold their equipment during the pandemic, transitioning the company into a home-based operation that collaborates with sub-contractors.

This reduces overhead costs for the current and future owners and allows the business to be easily relocated and/or combined with an existing contracting or related business.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,003,141
Cash Flow:   $213,721
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,000
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Number of Weeks Seller Will Offer Training: 2
Reason For Selling:  Retirement

Photos

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Wood Floor Installation And Refinishing Photo 1




Print Listing Id: 700390178


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Also See: Franchise Opportunities > Franchise Resales > Maryland Businesses For Sale > Maryland Franchises For Sale > Maryland Business Brokers



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