Hot Listing

Established Commercial Flooring Business in NYC Metro Area

Asking Price$5,700,000

Cash Flow
$1,500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$16,000,000

Inventory$1,100,000
Included in asking price
FF&E$1,900,000
Included in asking price
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Hot Listing

Established Commercial Flooring Business in NYC Metro Area


Asking Price$5,700,000

Cash Flow
$1,500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$16,000,000

Inventory$1,100,000
Included in asking price
FF&E$1,900,000
Included in asking price
Business Description
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.
About the Business
Real Estate
Owned or Leased
Leased
About the Sale
Transition Support
Yes
Listing Info
ID
2438468
Listing Views
268

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Business Listed by: Ken Stein/Kensington Company The Kensington Company

Listing ID: 2438468 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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