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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.

Acquisition score
Margin · multiple · SBA data
61Strong
Avg revenue
$700K/yr
$180K–$2.2M range
Profit margin
29%
~$203K SDE
Multiple
2–4.2×
of SDE
Est. buy price
$406K–$853K
startup: $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.

BizBite verdict

Watch / verify

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.

61Strong
low data confidence · 40/100medium financing fit

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

Deal Calculator

Priced off $203K SDE — can this deal service its own debt?

2.28×
DSCR · Lender-comfortable
Purchase multiple — 3.0× SDE ($610K)
Category range: 2×–4.2× SDE
Down payment — 10% ($61K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 10.50%
Typical SBA 7(a) range: 9.5–12% (prime-based)
Loan term — 10 years
Standard SBA 7(a): 10 years for business acquisition
Purchase price
$610K
3.0× of $203K SDE
Cash to close
$79K
$61K down + ~3% closing
Debt service
$7K/mo
$89K/yr on $549K loan
Cash-on-cash
144%
cash back in ~9 mo
Debt service coverage · what the lender sees
2.28×+$10K/mo after debt
Most SBA lenders want ≥1.25× coverage; 1.5×+ is a strong file.

SDE = revenue × margin estimate for this niche; it includes owner compensation, so budget your salary out of cash flow. Excludes working-capital injection, capex reserves, and taxes. Actual SBA terms vary by lender and borrower.

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.

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

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via Lumberjack Hardwood Floors - Gym Floor Recoating Cost
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