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Project Manager for Flooring – Company does NOT Install

All contracting is subbed out!

CASH FLOW
$65,719

Specifications

  • Price
    $140,000

  • Revenue
    $361,416

  • Down Payment
    10%

  • Multiplier
    2.15

  • Industry
    Contracting/Building/Improvements

  • Location
    Space Coast, FL

  • Service Area
    Space Coast, FL – south of Daytona (Mims Area) to port St. Lucy, then all the way to West Palm

  • Valuation
    $141,295

  • Profit Margin

This opportunity does NOT require any construction background, all installations are subbed out to reoccurring and fully vetted subcontractors. This business offers flooring solutions to their client base, where 70% of the projects are tile, and 30% involving Vinyl. The target clients are homeowners seeking to renovate their homes, with an average job size about $11,000 and in 2023, the business completed 32 projects. The seller operates remotely from a home office, resulting in low overhead costs. The business requires very low capital expenditure and equipment. The corporate office acts as a virtual assistant where they manage lead generation and schedule client appointments. A training period of 6 months will be provided by the seller in addition to the franchisors training program. In order to sweeten the deal, the seller has also offered to carry 25% of the purchase price. Serving the Space Coast area of Florida, covering regions from south of Daytona (Mims Area) to Port St. Lucie and West Palm. There are growth opportunities identified in expanding into the commercial sector and hiring additional estimators and sales staff.

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.