Wood Floor Installation and Refinishing
Business Description
Profitable business with great reputation and low overhead costs.
Specialty contractor for the refinishing of floors, installation of new wood floors in all its forms, installation of Luxury Vinyl Planks (LVP) and laminated floors. Installation and refinish of stairs. Maintenance of existing wood floors.
Established over 25 years ago, the business has maintained uninterrupted operation throughout the years. It has solidified its reputation as one of the leading floor contractors in the DMV area and has consistently ranked as a top choice in consumer report rankings (including Angie's List Top Contractors Award) for many years.
During its growth phase, Premier Floors expanded from a team of 2 full-time employees to a workforce of 14 by 2018. However, in 2020, the owners made the strategic decision to begin preparing for their retirement. Consequently, they closed the warehouse and sold their equipment during the pandemic, transitioning the company into a home-based operation that collaborates with sub-contractors.
This reduces overhead costs for the current and future owners and allows the business to be easily relocated and/or combined with an existing contracting or related business.
Established over 25 years ago, the business has maintained uninterrupted operation throughout the years. It has solidified its reputation as one of the leading floor contractors in the DMV area and has consistently ranked as a top choice in consumer report rankings (including Angie's List Top Contractors Award) for many years.
During its growth phase, Premier Floors expanded from a team of 2 full-time employees to a workforce of 14 by 2018. However, in 2020, the owners made the strategic decision to begin preparing for their retirement. Consequently, they closed the warehouse and sold their equipment during the pandemic, transitioning the company into a home-based operation that collaborates with sub-contractors.
This reduces overhead costs for the current and future owners and allows the business to be easily relocated and/or combined with an existing contracting or related business.
About the Business
- Years in Operation
- 28
- Currently Relocatable
- Yes
- Website
- https://www.tworld.com/chevychase
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Number of Weeks Seller Will Offer Training: 2
- Financing Options
- Owner Terms:$59,900.00 Interest:10% Term Months:120 Monthly Payment:$791.58
Listing Info
- ID
- 2176411
- Listing Views
- 2613
Listing ID: 2176411 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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