Established 27 Year Old Hardwood Flooring Business For Sale

Business description

Well established hardwood flooring company with a 27 year operating history. The company is headquartered in the popular Monterey Bay region and positions itself as the high-end, custom hardwood flooring installation and refinishing experts. They`re a "Green" company, and only work with environmentally friendly suppliers (a concept that works extremely well in the area). With workmanship of the highest quality, some of their jobs have been featured in the Fine Home Building Magazine and the Architectural Digest. Regular high visibility customers include government agencies, schools, and golf clubs. Their extensive customer list and contractor referral base provides tons of repeat business. For the last several years, gross sales have consistently exceeded the one million dollar mark. With five experienced and reliable work crews, the company can take on more business without operating at full capacity. The current owner is willing to stay on in a supporting role, allowing the new owner to work under the existing C-15 license. With a low percentage of retail walk-in business, this company is easily relocatable. In addition, no single customer accounts for more than 10% of gross sales. 2007 has been an exceptional turnaround year for the company with a six month owner`s cash flow exceeding $78,000.