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The Firm

Flooring Sales And Refinishing With A Niche In Hardwood Business For Sale

Winnipeg, Manitoba, Canada
Asking Price:
$805,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,167,323 (CAD)
Cash Flow:
$227,475 (CAD)

The company specializes in hardwood flooring sales, installation, refinishing, and maintenance services such as deep cleaning, recoating, and re-oiling. Serving primarily the Winnipeg and Manitoba, catering to a diverse client base consisting of general contractors, architects, interior designers, and home owners. Established over 15 years, this business operates out of a 2,800-square-foot facility in Manitoba, just outside Winnipeg, which includes a showroom, warehouse, and office space.

The team consists of three full-time employees: a lead sander, lead installer, and an assistant, as well as a network of proven subcontractors. The equipment is owned.

The seller has offered to stay with the business for 1 year post close as part of their transition period in addition to carrying 15% of the purchase price as a show of faith in the continued success of the business moving forward. Also includes over $150,000 in vehicles and equipment plus a nice backlog of upcoming work! Priced at $805,000, there have been several growth opportunities that have been identified, including expanding marketing efforts and enhancing their online presence. The owner notes that the company has relied almost exclusively on word-of-mouth referrals and has done very little advertising, SEO, or website development. They believe that investing in digital marketing and a more robust website could significantly increase visibility and attract new customers.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Hire sales people and offer maintenance contracts

Reasons for selling:

Looking for a new chapter after nearly 2 decades

Employees:
3 Full-Time employees with Lead sander, Lead installer, and assistant who is cross trained. Plus subcontractors for install
Years established:
Over 15 years

Other Information

Support & training:

6 months – 1 year

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

15% Seller Financing

Furniture / Fixtures value:
$150,000 (CAD) - included in the asking price
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