Hardwood Floor Refinishing Co.Just Listed
We are proud to offer a very profitable hardwood flooring company offering its services in the suburban, metropolitan Detroit area. Most of the revenues generated by the business is from repeat business, new-customers and referrals. The business is not reliant on any single large clients. The customers are mostly concentrated in high-income areas. The primary revenue streams are “New Installations including Labor (37%)” and “Sand & Finish Revenues (67%)”. The company acquires most of its cliental from online marketing and referrals. The company was established by the current owner in 2002 and has a great reputation in the market for providing quality products and services. The company has experienced a continuous and healthy growth in revenues since 2002. Currently the company has 8 full-time employees and 1 contractor. The business comes with 4-Vans and all the equipment needed to perform the services they offer. They also have one full-time sales person who is primarily responsible for generating the company’s revenue. A new owner has a huge potential to increase revenues by adding more crew members. This is a turn-key business with solid year-over-year growth and revenues which makes this a highly attractive acquisition opportunity that offers huge upside for overall return on investment.