Company Overview
NW Florida
The area’s premier hardwood flooring and installation company. The business is well-established (founded in 1980), turn-key, very profitable hardwood flooring business offering both sales & finishing services including retail showroom, restoration, repair and refinishing located in Florida Panhandle that truly checks “all the boxes”. The business offers:
- Largest firm in market area with extensive & diverse products and services
- Easily Expandable; seller does not venture far from Pensacola and has no interest in growing business as they wish to retire
- Multiple profit centers
- Long history (45 yrs.) with excellent reputation
- Facility; 5,100 sq. ft. located about 1-mile from downtown Pensacola
- Well trained staff
- Transition training at no charge
- Meticulous books and records
- And more!
General Information
Year Established: 1980
Employees: 8 F/T
Facilities: Business is in an ideal location about 1-mile from downtown Pensacola.. The facility occupies approx. 5,100 sq. ft. with ample parking. The building consists of an office area of 1,125 sq. ft. and warehouse/manufacturing of 3,600 sq. ft.
Market Outlook
Growth/Expansion: This business has seen steady growth with excellent cash flow for the past several years. The owner stays within a very close proximity to the shop, does limited advertising, no salesman and zero attempt to expand as they wish to retire.
About the Sale
Training: The seller will provide sufficient training to ensure a smooth transition at no charge. Additionally the seller would stay on as consultant, if required.
Reason for Selling: Seller is retiring.
Financial Summary
Asking Price: $460,000
Revenue: $1,230,000
Discretionary Cash Flow: $176,000 (directly from tax return)
FF&E: $80,000 (incl. in price)
Real Property: Lease
