This account-based flooring business specializes in the COMPREHENSIVE DESIGN, Sale and installation of flooring products including vinyl flooring, linoleum flooring, laminate flooring, bamboo flooring, hardwood flooring, carpets, rugs , tile and granite. The business has an excellent and long standing reputation for providing superior quality flooring products and services. The business serves a wide customer base comprising commercial accounts, new residential construction, multifamily and insurance claims. Highly knowledgeable and experienced staff has been able to establish a distinguished reputation in its market niche.
• Excellent reputation for providing superior quality flooring covering products
• Well established market niche
• Extremely loyal Account based customers
• High customer referral and retention rates of close to 90%
•Growth opportunities exist in increasing business development through marketing activities and expanding storefront, as well as expanding product and service offerings
• Current high income is with a semi absentee owner
•Approximately $100,000 of inventory included in asking price
•Very progressive business with sales growth each year
One of the most active markets in the country forecasted at 30% grown in the next 3 years. Seller has other business interests to which they would like to devote more time and energy. This business has many effortless growth opportunities. A new owner could easily open up the retail side of the business and expand without much effort.
Key employees (including General Manager) have agreed to stay on if needed by new owners. With a full-time owner/operator, payroll expenses could be greatly reduced thus increasing SDE.
This business is a 10,000+ square foot gym located in the heart of superior business & residential demographic area. The area has a daily population of approximately 15,000 people that live & work in the community and a quality mix of large and small businesses. It is anticipated that as development continues in this area that the number of residents & employees in the area will continue to grow. The local population is a perfect demographic for a gym with a median household income of approximately $55,000 per year, average age of 35, and an average household size of 1.4 people.
The likelihood of new competition entering the marketplace offering a similar spectrum of fitness options & services is very low given the size of the footprint needed to operate a gym and space availability.
The gym is completely staffed with superiorly trained, management, sales personnel, and personal trainers. Ownership fills an executive management role in the business. Health issues motivate the sale and are currently impacting business development & sales management. The business is being offered for sale at a value significantly less than the cost to recreate the business. No significant equipment or facilities needs exist for the business in the short term.
Seattle Metro Area, WA
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