Flooring Sales & Refinishing: Niche in Hardwood

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.