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Central Texas Texas Business for Sale

Custom Wood Floor Installation Contractor

Central Texas, Texas
The Company installs hardwood floors in the high-end residential community and has been serving Austin and the surrounding area since 1989. Their physical address is located in a rural community approximately 25 miles east of Austin, Texas. They specialize in custom wood floors, inlays and medallions, using the latest products and technology. They are exceptionally knowledgeable in their trade since they are dedicated to only wood flooring. They are an accredited company and a member of the National Wood Flooring Association. They are an award winning Company with projects published in many magazines including Hardwood Floors 'Floor of the Year for 2002', Fine Home-building Magazine, Building Savvy (Premier Issue), and Tribeza Austin. They have a beautiful showroom floor featuring custom, common, and exotic hardwoods. There are displays of prefinished products from Hartco, Bruce, Robbins, Anderson, Witex, Quickstep, Somerset, Owens, Teragren , Hallmark and other name brands of laminates and hardwoods. Their showroom is by appointment only to assure someone will be available to answer all customer's questions and concerns regarding their specific project and unique project needs. Whether a customer is remodeling or building a custom dream home, the hardwood products and quality installation can provide elegant charm and enhance a customer's interior decor. The Company's dependable team will deliver a complete package that always exceeds customer expectations. They have earned an excellent reputation in the marketplace for integrity, personalized customer service and excellent craftsmanship.For more information about the Swetman Group go to www.theswetmangroup.com, e-mail us at Rswetman@austin.rr.com or call us at 512-535-5221.

Financials

Price: $615,000
Gross Income: $1,098,278
Cash Flow: $192,056
FFE: $195,185
Inventory: $87,168
Real Estate Value: $450,000
Source Data:

About the Business

Listing ID: #1722-2288
Year Established: 1989
Financing: Seller desires to avoid seller financing.
Training: The seller will provide all the support necessary to insure a smooth business ownership transition.
Facilities: The building is 16,000 square feet of covered space. The main building (a historical structure) is approximately 2,500 square feet and consists of 2 offices, 2 1/2 baths, a break room and kitchen. The 13,500 square feet of remaining space consists of warehouse, shop and a sundry / supply room. The warehouse has access for three sides with large overhead garage doors.
Competition: There are a number of low end flooring installers in the marketplace. These firms offer all flooring products including but not limited to carpet, ceramic tile, wood floors and laminates. Most of these establishments cater to the low to mid prices home owners / builders. There are four to five competitors that do offer similar products and services to the high end home owners. This firm focuses on only high custom wood floors for high end homes ($1,000,000 +).
Growth: This is a growth business opportunity. With the anticipated population growth of 2.4 to 2.7 million people in the Austin / San Antonio Major Statistical Area (MSA) over the next 7 to 10 years coupled with a target audience unaffected by the national and local economy (high net worth home owners / $1,000,000 + homes), the market is expected to realize significant growth over the next 10 years.
Business Listed By
Name: Rick Swetman
Company: The Swetman Group
Phone: 512-535-5221

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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listings by: Rick Swetman

PhotoListing Title City State Price Cash Flow
Custom Wood Floor Installation Contractor Central Texas Texas $615,000 $192,056
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