For Sale
$1,510,000

Undisclosed Lake Hallie, WI 54729

Established flooring company, strong financials.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional opportunity presents a well-established flooring company located in Western Wisconsin, specifically Chippewa Falls (zip code 54729), with a strong track record and significant growth potential. The business, founded in 1999, has enjoyed 25 years of success, generating a gross revenue of $1,253,974 and a Seller's Discretionary Earnings (SDE) of $258,769 in the most recent period. The asking price for this turnkey operation is $1,510,000, which includes $74,132 in furniture, fixtures, and equipment (FF&E). The business currently employs two people – one manager and one part-time employee – supplemented by subcontractors, offering a manageable workload and potential for owner-operator involvement. The company specializes in the installation and service of various flooring types, including tile, wood, laminate, and carpet, with a balanced portfolio of residential and commercial projects ensuring consistent year-round work. Operating hours are 9 am to 5 pm, Monday through Friday. The sale includes two buildings. Seller financing is negotiable. The seller is retiring and offers four weeks of support and training. A non-compete agreement covering a 100-mile radius for five years is in place. The business has significant untapped growth potential within its current market and surrounding areas, particularly given its history of zero advertising spend. This presents a unique opportunity for an individual entrepreneur or an established company seeking expansion. Further details regarding the facilities are available upon execution of a non-disclosure agreement.

Property Details for 0 Undisclosed

Property type
Commercial real estate

Location Insight

City
Lake Hallie
County
Chippewa
State
Wisconsin
Latitude
44.9530966
Longitude
-91.4821482

FAQs

What type of property is this?
Commercial real estate - Established flooring company, strong financials.
Where is the commercial real estate located?
The property is located at Undisclosed Lake Hallie, WI.
What is the asking price?
The asking price for this property is $1,510,000.
How can I contact the broker?
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