34 Plus Year Flooring Company For Sale

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The company has been in business over 34 years providing flooring and paint products and services to retail and commercial clients. The client has a great location with over 34 years of satisfied customers coupled with dependable flooring and paint suppliers. The company has very dependable employees with low turnover, which has consistently provided great customer service to its clients.

The Estimated Average Compound Average Growth Rate (CAGR) in sales over the last 3 years is at 11% while EBITDA has been trending at 9% before discretionary adjustments. Location of the business is in a high growth area with plenty of potential upside to further improve sales and profitability.

Hiring an outside salesmen to focus on building the commercial area of the business would improve sales further coupled with profitability.

The real estate is a free-standing owner-occupied property owned by the seller who receives rental income from the business of $10,000 a month. The building sits on almost a full acre of land with total rental space of 10,919 SF with two levels.

Seller financing is available up to 20%, however subject to final approval. Opportunity is SBA prequalified.