Rare opportunity to acquire a reputable and well-established flooring business
Business earned over $6M revenue and discretionary owner earnings of over $650K in 2022. It has maintained average revenue of over $5.5M and average discretionary owner earnings of over $590K during past 6 years
Business is offered on cash-free and debt-free basis and includes approx. $900K in working capital and equipment
Business is a full-service flooring company. Offers a diverse mix of products, services includes product selection, installation, delivery, estimation, design services etc.
Enjoys a strong commercial, homebuilder and retail customer base, and superior supplier relationships with some relationships dating back to company’s inception
Provides best in class customer service to its clients and has become go-to flooring company for DIY’s, homebuilders, contractors within in its geographical market
Business has earned many five-star reviews and ratings on third-party websites like Google, Facebook etc.
Loyal staff of 7 employees including management team that can run the business with least amount of owners’ involvement
Huge potential to grow business by leveraging the patented name and logo into franchise opportunities, existing supplier, clients and builder relationships ,entering into new geographical markets and increasing the installation side of business
Current owners are looking to retire but are willing to stay as a consultants to ensure orderly transition
