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High Revenue, High Growth: Top Flooring Business with Big Potential

Lithia, FL
Asking Price:$125,000
Gross Revenue:$658,000
Established Year:2022
Cash Flow:$53,224
FF&E:$2,000
Listing ID: 2254596Listing provided by BizBuySell
BUSINESS DESCRIPTION

Booming Market! 5-Star Rating! Proven Model!

This thriving business has built strong momentum, achieving over $650K in revenue for 2024 with growing cash flow. Networking efforts and repeat customer referrals have fueled significant growth, particularly in the past 6 months. Final 2024 financials will be available in January, but the trajectory points to even greater success in 2025.

Key Highlights:
+ Strong Revenue Growth: $658K+ projected for 2024, with higher cash flow compared to prior years.
+ Top Franchise Performer: Ranked in the National Top 10 in 2023 and currently #5 as of April 2024.
+ Booming Market: Situated in fast-growing Tampa and Central Florida regions, with a strong home improvement demand.
+ Turnkey Operation: Owner oversees the business while skilled subcontractor crews handle installations.
+ Perfect 5-Star Rating: Stellar customer loyalty and reputation reflected in consistent Google reviews.

This Central Florida franchise fills a valuable niche between big-box retailers and small mom-and-pop flooring shops. Its proven model relies on experienced subcontractor crews, ensuring high-quality results without requiring the owner to perform or sell flooring personally.

With a robust operational framework, well-established vendor relationships, and consistent customer demand, this business is primed for a smooth ownership transition and continued success. The seller is available to assist with the transition, ensuring new ownership gets off to a strong start.

Take advantage of this rare opportunity to seize this profitable, growing business. Inquire today to learn more and capitalize on the momentum driving this franchise forward!

DETAILED INFORMATION
Location
Lithia, FL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale price includes some of the assets required for running the business, which includes: Hepa Filter 3 stage Fans (2), filters, samples supplies, primed white quarter round, tile installation supplies, glue, and miscellaneous items. These materials are valued at about $2,000.
Competition
The U.S. home improvement industry is booming, valued at $544 billion in 2023 and projected to reach $603 billion by 2027. Footprints Floors capitalizes on this growth, particularly as many of the nation’s 137 million homes are over 20 years old and in need of renovation. Footprints Floors fills a unique niche, between big box stores and mom-and-pop shops. The franchise relies on vetted subcontractor crews, ensuring quality and consistency without requiring the owner to sell or install flooring personally.
Growth & Expansion
The Tampa market offers lots of growth potential as it's booming with new home construction & renovation needs. Additional revenue streams include kitchen backsplashes, stone and tile fireplaces, bathrooms, and more. By following corporate marketing recommendations, purchasing leads, leveraging social media, and engaging in community networking, visibility and customer acquisition can be significantly boosted. With a focus on this densely populated Tampa territory, operational efficiencies can be maximized, too.
Support & Training
Initial comprehensive training and hands-on support provided, with ongoing coaching calls, financial management, and subcontractor guidance. A dedicated call center handles all customer interactions. Marketing is fully managed by the corporate team. Ongoing support in operations, marketing, and accounting streamlines franchise management.
Reason for Selling
Family priority changes
Home-Based
This business is Home-Based
Franchise
This business is an established franchise
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