Profitable Flooring, Cabinetry & Countertop Co.

Not Disclosed, MI


Asking Price: Annual Revenue:
Not Disclosed $4,199,010

Retail: Home Furniture & Furnishings


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RE: Profitable Flooring, Cabinetry & Countertop Co. Broker: Max Friar
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,199,010
Net Profit: Not Disclosed
Cash Flow: $253,381
Total Debt: Not Disclosed
FF&E: $171,294
Real Estate: $1,000,000
Year Established: Not Disclosed
Employees: 13
BBN Listing #: 358145079
Broker Reference #: 121

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Business Overview:

Founded in the early 2000s, the Company is a market-leading flooring business focused on providing top-quality flooring, cabinets, and countertops to its customers. The Company services new home builders, interior designers, homeowners, and retail customers. It has built a name synonymous with integrity and prides itself on providing personalized, hassle-free services at affordable prices.

The Company offers flooring including carpet, hardwood, and tile, cabinetry including custom capabilities, and countertops including granite, quartz, and laminate. In-house installers allow the Company to offer professional installation along with its products. In-house designers are available to walk customers through the process and aid them in designing the renovation of their dreams. Design consultations are free of charge and help potential customers visualize the renovations they are considering.

The Company has a strong staff in place. The Operations Manager and Installation Managers are key assets to the Company and will continue to serve as leaders moving forward.

The Company is operated by two owners who are looking to sell the Business as they begin their transition to retirement. The current owners are ready and willing to provide reasonable and ordinary transitionary assistance for new ownership. Current ownership is excited for new ownership to step in and take the Business to the next level.

The Company operates out of an 11,000 square feet suite within a large 21,500 square feet building. The building was constructed in 2018 and is in excellent condition with state-of-the-art finishing. The facility is owned by the owners of the Business through a separate holding entity. The owners are open to selling or leasing the facilities to new ownership.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you from the project manager. IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR
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Property Features and Assets:

11,000 square feet suite within a 21,500 building. The suite is comprised of a showroom, office space, and warehouse. The building was built in 2018 and is maintained in excellent condition.

Market Competition and Expansion:

Investment Highlights Include: (1) Established Reputation and Brand: The Company holds a proven reputation and brand name. This reputation has been built by the Company’s continued emphasis on quality products, installation, and service. (2) Diverse Employee Base: The Company features a knowledgeable and energized workforce. The employee base is comprised of many young and energized employees, supplemented with a few experience hires possessing vast industry experience. The Company’s young talent brings energy day-in and day-out, with seasoned veterans mentoring and coaching them along the way. (3) Large Variety of Quality and Custom Products: The Company offers a wide variety of products from numerous industry-leading brands. Its products have the capabilities to match the needs of any home. Homebuilders and homeowners alike choose the Company for its ability to deliver top-notch custom products at a reasonable price. Growth Opportunities Include: (1) Further Develop the Cabinetry Division: Cabinetry is a lucrative space with high-profit potential. In order to further scale the Business, the Company could build an expansion strategy for its cabinetry division. Emphasis could be placed on cross-selling products. When customers seek flooring consultations, the flooring component is often one piece of a much larger renovation. Cross-selling could allow the Company to capture additional revenue from these customers. (2) Cultivate Relationships with Leading Homebuilders: The Company currently possesses strong relationships with homebuilders, but there is still room to improve in this area. A concentrated effort from Company salespeople could result in substantial additional work from these builders. (3) Additional Showroom Location: The Company maintains a showroom that draws substantial traffic from the hub it is located in. The addition of a second showroom in a strategic location could allow the Company to reach a broader market and increase its revenue.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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