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Well Established Flooring Company
Location: United States -> Illinois -> Chicago
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

Well Established Wholesale Flooring company located in the Chicago area serves primarily larger contractors and industry professionals with all types of flooring for new construction or remodeling. Types of flooring include all hard and soft surfaces: Ceramic, Porcelain, Stone, Glass, Hardwood, Luxury Vinyl, Marble, Carpet, and all supplies for every installation need.

This is an ideal turn key opportunity with great growth potential. The company is perfectly situated for a sales focused approach going forward. While our staff has a long history of servicing the flooring industry and most have 10+ years catering to the well established customer base, little attention has been marketing focused on new account growth thru advertising or inside/ outside sales calls. The majority of growth and profitability has been the result of existing customers, referrals, and management weeding out low profit business and replacing with greater value business.

The company has all of the assets in place to handle immediate organic growth or absorption of an existing business in the same facility. This ideal facility has a recently remodeled showroom, offices, and conference room. Extra office space, warehouse with high ceilings, drive in and ground level docks, fully racked, gas forklifts, electric pickers, delivery trucks, tools, and all necessary supplies to facilitate a smooth transition. All equipment is maintained regularly and fully functional. The warehouse is available for sale or lease.

Management has done an excellent job with keeping up with technology, increasing company efficiencies, staying ahead of competition (including big boxes), and rewriting procedures to increase profitability. All that is left at this point is to grow the company thru marketing. Existing personnel are great assets for the business. Their knowledge, customer service, and dedication is unsurpassed. All would be an excellent resource going forward to help propel the company further.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,900,000
Cash Flow:   $207,000
Cash Flow Type:  EBITDA
Inventory:  $400,000
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes - will accomodate
Reason For Selling:  Retirement

Photos

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Well Established Flooring Company Photo 1 Well Established Flooring Company Photo 2




Print Listing Id: 700272069
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Related Searches: Wholesale and Distribution  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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