34 Plus Year Flooring Company For Sale

Not Disclosed, AL


Asking Price: Annual Revenue:
$1,436,610 $2,346,217

Retail: Hardware, Bldg. Materials, Garden Center


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RE: 34 Plus Year Flooring Company For Sale Broker: Philip Webb
Owner Financing is Available!

Quick Facts

Asking Price: $1,436,610
Annual Revenue: $2,346,217
Net Profit: Not Disclosed
Cash Flow: $405,082
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1988
Employees: 6
BBN Listing #: 84858883
Broker Reference #: 86715-170600

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Business Overview:

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. Some seller financing is available, however subject to final approval. Opportunity is SBA prequalified.

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 Square Feet with two levels.

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Reason for Selling:

Retirement

Additional Details:

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

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