Flooring Product Manufacturer & Sales Agency
Business Description
Description:
The Company is a flooring product manufacturer that manufactures and imports product as well as represents a variety of flooring manufacturers, importers, and home furnishing businesses. The Company provides its clients with extensive product knowledge, experience, and sales support.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 9.4% and 9.0%, respectively, from 2022 through 2024.
• The Company maintained impressive average gross profit and adjusted EBITDA margins of 74.3% and 23.1%, respectively, from 2022 through 2024.
• The Company has exclusive representation agreements in place with 21 flooring manufacturers.
• The Company's sales representatives and agents have deep product knowledge and experience.
Opportunities:
• Increase production, inventory, sampling, and marketing of the Company's products to drive sales expansion.
• Expand the rugs product line to increase margins.
• Bring in additional exclusive manufacturer representation agreements.
• Expand importing, manufacturing, and reselling of additional flooring products.
• Capitalize on the Company’s nationwide representation expansion.
Headquartered:
• Northeast, US
Current Markets:
• The Company’s clients include flooring retailers, flooring contractors, and to-the-trade showrooms for residential and commercial projects.
• Additionally, the Company supplies flooring products to architecture & design (A&D) firms, hospitality end-users, and hospitality purchasing companies across the United States and internationally.
Real Estate:
• The Company operates from two facilities - Northeast and Southeast, US - totaling 2,100 sq. ft.
• Both facilities are leased from unrelated third parties.
Shareholder Ownership:
• The Company is wholly owned by a single shareholder who is seeking a buyer who can support the Company’s continued growth.
• The owner is open to staying on under new ownership and is open to different deal structures.
The Company is a flooring product manufacturer that manufactures and imports product as well as represents a variety of flooring manufacturers, importers, and home furnishing businesses. The Company provides its clients with extensive product knowledge, experience, and sales support.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 9.4% and 9.0%, respectively, from 2022 through 2024.
• The Company maintained impressive average gross profit and adjusted EBITDA margins of 74.3% and 23.1%, respectively, from 2022 through 2024.
• The Company has exclusive representation agreements in place with 21 flooring manufacturers.
• The Company's sales representatives and agents have deep product knowledge and experience.
Opportunities:
• Increase production, inventory, sampling, and marketing of the Company's products to drive sales expansion.
• Expand the rugs product line to increase margins.
• Bring in additional exclusive manufacturer representation agreements.
• Expand importing, manufacturing, and reselling of additional flooring products.
• Capitalize on the Company’s nationwide representation expansion.
Headquartered:
• Northeast, US
Current Markets:
• The Company’s clients include flooring retailers, flooring contractors, and to-the-trade showrooms for residential and commercial projects.
• Additionally, the Company supplies flooring products to architecture & design (A&D) firms, hospitality end-users, and hospitality purchasing companies across the United States and internationally.
Real Estate:
• The Company operates from two facilities - Northeast and Southeast, US - totaling 2,100 sq. ft.
• Both facilities are leased from unrelated third parties.
Shareholder Ownership:
• The Company is wholly owned by a single shareholder who is seeking a buyer who can support the Company’s continued growth.
• The owner is open to staying on under new ownership and is open to different deal structures.
Listing Info
- ID
- 2369186
- Listing Views
- 113
Attached DocumentsAttachment Disclaimer
Teaser_v_5_BN000033655_Flooring_Product_Manufacturer_Sales_Agency.pdf
Listing ID: 2369186 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.