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BIZBITE

Gym Floor Refinishing

Every school gym floor needs a summer refresh before tipoff

Bottom line

Worth studying, but do not buy without strong local proof.

Gym floor refinishing companies screen, recoat, sand, repaint game lines, and refinish hardwood athletic floors for schools, universities, churches, rec centers, and private sports facilities. The demand is boring but repeatable: floors wear every season, and administrators want them safe, glossy, branded, and ready before students return.

61
Acquisition score
Strong

Avg Revenue

$700K

Profit Margin

29%

Acquisition Multiple

2x - 4.2x

Startup Cost

$45K - $180K

How It Works

Crews schedule work around school calendars, screen or sand the floor, apply finish, repaint logos and sport lines, and handle annual recoats or deeper refinishing cycles. Revenue comes from per-square-foot recoats, full sand-and-finish projects, court-line repainting, repairs, and maintenance contracts across districts.

Revenue Range

Low End
$180K
Typical
$700K
High End
$2.2M

BizBite underwriting snapshot

Pass for now

Gym Floor Refinishing has enough high-level data for a first look, but BizBite has not assigned a category-specific operating model yet. Treat the score as preliminary.

31
Avoid / 100
Data confidence
low
40/100
Financing fit
medium

Category-level fit before lender-specific diligence.

Confidence cap
58

Weak source data caps the final score.

Why it may work

  • No strong positives yet. More verified data needed.

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet
  • !No SBA category enrichment yet
  • !No category operating model yet
  • !Low data confidence

Pros

  • +Annual or semiannual maintenance cadence creates repeat work
  • +School districts and sports complexes own multiple floors
  • +Summer scheduling concentrates demand into predictable peak season
  • +Visible before-and-after results drive referrals

Cons

  • -Seasonal bottlenecks require disciplined scheduling
  • -Bad finish, dust, or curing mistakes can create expensive callbacks
  • -Equipment and skilled crew training matter

Best For

Flooring operators or facility-service buyers who can sell district-wide maintenance and execute clean seasonal projects

Operating Costs

Recent pricing guides cite annual gym-floor clean-and-recoat work around $1-$2.50 per square foot, while deeper sanding/refinishing can reach roughly $3-$5 per square foot. Main costs are sanding equipment, finish, abrasives, line paint, labor, insurance, and off-season marketing.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

$-4740/mo
after debt service
Deal price — $2.1M
Range: $1.1M (2×) to $3.6M (4.2×+)
Down payment — 15% ($315K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 8.00%
Current prime-based SBA rates: 7.5–10.5%
Loan term — 10 years (120 mo)
Standard SBA 7(a): 10 years for business acquisition
Down payment
$315K
15% equity injection
Loan amount
$1.8M
85% SBA-financed
Monthly payment
$22K/mo
$814K total interest
Monthly profit
$17K/mo
at 29% margin
Monthly cash flow after debt service
$-4740/mo
Margin does not cover debt service at these terms. Lower the deal price, increase the down payment, or extend the loan term.

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

Lumberjack Hardwood Floors - Gym Floor Recoating Cost

Pricing guide citing $1-$2 per square foot for annual clean-and-recoat work

Hazelwood Floors - Gym Floor Refinishing Cost

Regional guide citing $1.50-$2.50 per square foot for screening and recoating

Hillyard - Gym Floor Refinishing

Industry article noting full refinishing can run about $3-$5 per square foot depending on condition

61/100Strong

Acquisition Score

Profit margin
19/30
Entry multiple
21/25
Market depth
8/20
Risk (charge-off)
8/15
Deal momentum
5/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$1.4M$2.9M

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