Floor Coating Prep & Application Service Business

Mahoning County, OH

Seller Financing Available

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Asking Price:$1,315,000
Gross Revenue:$1,203,664
Established Year:1990
Cash Flow:$430,506
FF&E:$630,200
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Operated from home office with a storage facility.
Competition
This is a somewhat specialized area of flooring without as much competition as most trade services.
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.
Financing
$131,500 down/$131,500 over 60 mos. @ 10%/Other Financing.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
The intent is to retire.
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Bill
White Jr
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Bill White Jr