1596 Leading Floor Coating Business in SE Wisconsin

WI

1596 Leading Floor Coating Business in SE Wisconsin
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Asking Price: $1,400,000

Cash Flow: $359,000

Gross Revenue: $985,000

EBITDA: N/A

FF&E: $120,000

Inventory: $10,000

Rent: $1,500 /Month

Established: 2012

1596 Leading Floor Coating Business in SE Wisconsin

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Business Description

1596 Leading Floor Coating Business in SE Wisconsin

Very profitable and long-established business of providing floor coating process for concrete floors - garages, basements, sun-rooms, pool decks for residential customers and for commercial customers - warehouses, showrooms, offices, schools, and other spaces. The business has gross annual income of about $1 Million with owner's annual earnings of about $360,000.
This business is scale-able and fairly easy to learn. There is room to add additional Install Crews at the current location and/or the new owner could open new shops & add Install Crews to serve other markets. Very little capital equipment expenditure, inventory, and advertising is required.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Warehouse & office space - leased.
Competition:
Not much good competition. This business is by far the leader in the SE WI market.
Growth & Expansion:
Tons of upside growth opportunities. See broker for more details.
Support & Training:
Seller willing to train, transition, support a new owner with terms mutually agreed.
Reason for Selling:
Retirement
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Contact the Seller

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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