Established Commercial Flooring Business
Not Disclosed, NY Not Disclosed
NYC Metro Area
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- RE: Established Commercial Flooring Business
- Contact: Ken Stein
Quick Facts
| Asking Price: | $5,700,000 | |
| Annual Revenue: | $16,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,500,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $3,000,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 35 | |
| BBN Listing #: | 1001451 | |
| Broker Reference #: | 15510 |
Business Overview:
This is a rare opportunity to acquire a long-established, business-to-business commercial flooring contractor which serves a multitude of industry sectors such as healthcare, municipalities, education, multifamily, including affordable housing. They have a strong reputation for servicing many well-known organizations in the New York Metropolitan area, whether just selling the products or also installing the flooring. The company has an excellent management team, supported by an experienced staff, with modern systems such as ERP, project management, and EOS driving efficiency. They have experienced consistent growth and in 2024 generated $14m and projected in 2025 to have $16m in revenue with $1.5m in Adjusted EBITDA. In addition, the Company holds a backlog of in-house contracts, which are close to $20m. This Business is well positioned to capture additional public and private contract opportunities. The senior management team is committed to remain with the Company for 3-5 years. Included in the Purchase Price of $5.7m is $2.5m of a combination of inventory, account receivables less account payables. Any variance in either direction of this $2.5m base will be adjusted at the time of closing. This acquisition offers immediate scale to a Buyer, long-standing client relationships, and proven operational processes, with leadership committed to assisting through a transition period and beyond. Qualified Candidates only, please reference listing #15510 when inquiring.
Contact the Seller:
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Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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