This business specializes in the supply and installation of specialty high-end hardwood products. The business is a well-established and well-regarded name in the industry. It is very well-known among interior designers and high-end custom home builders. Homeowners, interior designers and custom home builders are the main clients of this business. The current owner established this business in 1999 and is ready to retire.
Approximately 30% of revenue is generated from repeat customers and 50% from word of mouth referrals. New business is generated through industry trade shows and a professionally-developed website.
Although the vast majority of revenue at this time comes from the supply and installation of hardwood floors, there is a lot of potential to use these specialty hardwood materials in other applications as well.
Installation services are provided by a few subcontractors who are highly qualified in this niche market. There are no employees in this business. The equipment of the business consists of one half-ton truck. There is no other equipment in the business and there is no need for additional equipment to grow the business.
This is a home-based business that allows the owner to maintain very low overhead expenses and a very flexible schedule. On average, the owner spends 25-30 hours per week working in the business.
The seller has agreed to assist the incoming buyer with two months of training without additional compensation, to accommodate for a smooth transition.
The owner is offering up to $100,000 of owner financing to a qualified buyer!
Asking Price $395,000
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