What this video covers
Alex, the owner of FloorIt, explains what a hardwood floor recoat business is and why the market is big. He compares the three things a homeowner can do with a worn floor and shows how to run the numbers for your own city before you start.
Key points
- There are about 87.8 million homes in America, and about 45 million have wood floors.
- The video's market estimate assumes a floor gets a fresh coat about once every 3 to 5 years, which puts about 9 to 15 million homes due each year. Most owners do not know a recoat exists, so the marketing teaches them.
- A homeowner has three choices: replace the floor for about $12,000 to $22,000, sand and refinish for about $3 to $8 a square foot, or buff and recoat for about $1.50 to $3 a square foot.
- A recoat is done the same day with much less dust. It does not fix deep gouges, pet stains or water stains.
- Many homes are old. The median home is about 42 years old, and about 66% of people want wood floors in their dream home.
- The average job is about $2,000 to $3,000, and supplies are usually about $250 to $350.
- The work is indoors, so it runs all year. Winter may be slower than spring, but people still want it.
- Run your own city's numbers first. The video's example city of 200,000 people works out to about 6,800 homes due for a recoat.
Chapters
- 0:00How many homes have wood floors
- 0:53How often a floor needs a recoat
- 2:03Replace, sand or recoat
- 5:00Old homes and why people want wood
- 6:44Does it work in your city?
- 8:11Job price and costs
- 9:22A service that runs all year
- 10:12Run your own city's numbers
Questions this video answers
- What is the difference between a recoat and a sand and refinish?
- A sand and refinish makes a lot of dust and fumes, keeps people out of the room for days and runs about $3 to $8 a square foot. A recoat buffs the old finish and adds a new coat the same day for about $1.50 to $3 a square foot.
- Can every floor be recoated?
- No. A recoat will not cover deep gouges, pet stains, water stains or very worn floors.
- Will a recoat business work in a small town?
- The video says about 98% of cities would work. A town of about 5,000 people probably would not.
About this video
87.8 million homes in America. Roughly 45 million of them have wood floors. Those floors need a recoat every 3 to 5 years, which means somewhere between 9 and 15 million homes are due for one every single year.
In this video I break down what the hardwood recoat business actually is, what it costs to deliver, and how to run the numbers for your own city before you put a dollar into it.
What is covered:
- The three things you can do to a worn floor, and why recoating wins
- Replace at $12k-$22k vs sand and refinish at $3-$8/sqft vs recoat at $1.50-$3/sqft
- Why the age of America housing stock matters here
- How to work out how many homes in your city are due for a recoat
- Seasonality, and why this runs year round



