Hardwood Flooring – Sanding & Finishing

Location: Canada -> British Columbia -> Victoria
Industry: Business Services > Construction

Businesses for sale Summary

Established since 1992, this is a thriving Vancouver Island hardwood floor sanding & finishing business for sale. A market leader in a major population centre, showing rapid growth with still untapped demand. Great opportunity to expand awaits. One of only a few floor sanding specialists in BC using state of the art air control technology. Ideal for insurance restoration work and high-end renovations. Much in demand. Topped $1 million in annual sales in FYE 2008. Installation work also growing to become a significant component of sales. Biggest challenge for the new owner? Keeping up with demand!

2 fully-equipped vans, newer pickup and modified 16-foot trailer included, along with the complete stock of modern, well-maintained tools, and well-organized supplies. Current owner needs to slow down, spend more time with hobbies and family. Will consider vendor financing, and definitely available to assist new owner with customer transition and business training. Business requires only a double garage and some parking for premises. Run it from your home! Email or call for information and photos. What a terrific chance to establish yourself on Canada’s mild west coast! Or to expand your current construction services business into hardwood flooring, which is proving to be a recession-proof growth sector. For more information contact Rob Millar at 1-877-361-3003.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $950,000
Cash Flow:   $189,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $148,600
Seller Financing:  Yes

About The Business

Year Established:  1992
Number of Employees:  10 – 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Not Applicable

About The Sale

Management Training and Support:  Very available for transition and training. It is vital to preserve the strong relationships with adjusters ~ contractors.
Reason For Selling:  Retirement.