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High Growth Commercial Flooring

  • Listing# : 15245
  • Listed Price : $5,500,000
  • Total Sales : $6,525,000
  • SIC : 5051
  • Down Payment : $820,000
  • Status : Active
  • Discretionary Earnings : $1,347,635

Business Type :

Building Materials / Building Materials; Flooring / Flooring Products; Distribution / Dist-Wood Products; Manufacturing / Mfg-Wood Products

Business Description :

We are excited to offer you the opportunity to own this well established, high growth rate and highly profitable commercial flooring distributor. It was founded in 1968 and its current owner, subsequently acquired it about four years ago. The underpinnings of this company’s success can be tied to the creativity and innovation of its current leader. This company manufactures, distributes and installs top quality Vinyl Plank, Wood, Tile, Porcelain, Cork, Carpet, products in Commercial, Multi-Family/Apartment/Senior Living Centers, Healthcare, Hospitality and Retail construction.
This business has enjoyed an explosive 50% growth over the past few years while leveraging its highly disruptive private label products to ward off competitors and to protect its high profit margins. This company enjoys an amazing 90% repeat customer business through its private label wood and vinyl flooring products, which generate about 60% of its revenues. Its strong revenue stream is diversified over its mix of 55% wholesale product sales and 45% sales in the commercial space. A consistent strength in demand for its products is assured by its well- balanced mix of remodel/updating product related sales and new construction related product sales.

Assets/Liabilities:

    • Accounts Receivable $305,894
    • Incl : Yes
    • Real Estate $1,450,000
    • Incl : Yes
    • Inventory $210,445
    • Incl : Yes
    • Liabilities $166,622
    • Incl : No
    • FF&E $184,053
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl :
    • Total Assets $2,150,392
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Building Materials, Flooring, Distribution, Manufacturing