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- RE: Flooring Company Track Record 40 Years, Strong ARR
- Contact: Mark Ilardi
Quick Facts
Asking Price: | $2,700,000 | |
Annual Revenue: | $1,060,170 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $658,186 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 994093 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This well-established company has been serving both the commercial and residential markets across the tri-state area for over 40 years. Known for exceptional service and expertise, it offers a full range of flooring solutions, including installation, design, and refinishing. Their team of experienced professionals is skilled in working with a wide variety of materials such as VCT, LVT, carpet tile, broadloom, rubber sports floors, walk-off and entry mats, epoxy, porcelain, and polished concrete.
The company has built strong, long-term relationships with top commercial vendors and a loyal client base that drives consistent, recurring revenue. Commercial projects include hospitals, universities, office buildings, firehouses, retirement homes, and houses of worship. Many of these clients rely on the company for scheduled flooring updates and ongoing services.
In addition to its commercial success, the company operates a robust residential division. Services include hardwood floor refinishing, new flooring installations, and comprehensive design consultations. Their design team works closely with homeowners to recommend modern, durable flooring options that enhance aesthetics, including tile that mimics the warmth of hardwood or prefinished hardwood flooring.
The current owners are planning to retire but are committed to providing transition support to ensure a smooth handover. >>
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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
Documents:
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