Full-Service Flooring Contractor
Business Description
Description:
The Company is a retail flooring provider that offers installation and restoration services primarily to residential customers. The Company has over 40 years of experience in its local markets.
Key Aspects:
• From 2022 to 2024, the Company averaged approximately $563k in adjusted EBITDA and maintained an average gross profit margin of 42.2%
• As of December 2024, the Company has a backlog of approximately $1.08M.
• In 2024, the Company served an extensive customer base, with no single customer accounting for more than 4% of total revenue.
• Approximately 70% of the Company's sales in 2024 came from returning customers or referrals.
• With over 40 years in operation, the Company has built an excellent reputation in its market for professionalism, quality products, installation, and service.
• The Company is a premier service provider to agents of a national insurance company.
• The business operates as a turnkey operation, requiring only limited buyer management oversight.
Opportunities:
• Add builder and remodeling sales personnel at both locations to expand the scope of customer reach.
• Implement sales and marketing efforts in the commercial sector to broaden the customer base.
• Increase projects with homebuilders to drive growth.
• Add kitchen and bath design sales and services to enhance residential customer offerings.
• Add design consultative sales personnel at both locations to provide personalized services.
• Establish after-sales services and standalone design fees to generate additional revenue.
Headquartered:
• Southwest, Florida
Current Markets:
• The Company serves customers with a focus on residential and restoration related projects in its local markets.
Real Estate:
• The Company operates from four locations totaling approximately 29,210 sq. ft., encompassing two retail stores and two warehouses, both of which includes office space.
• All four locations are leased from unrelated third parties.
Shareholder Ownership:
• Ownership is seeking to sell the Company, which is a wholly owned subsidiary of the parent company that is located in the Midwest, US.
• Seller's executive management is willing to consult with the Company for a predetermined transition period.
The Company is a retail flooring provider that offers installation and restoration services primarily to residential customers. The Company has over 40 years of experience in its local markets.
Key Aspects:
• From 2022 to 2024, the Company averaged approximately $563k in adjusted EBITDA and maintained an average gross profit margin of 42.2%
• As of December 2024, the Company has a backlog of approximately $1.08M.
• In 2024, the Company served an extensive customer base, with no single customer accounting for more than 4% of total revenue.
• Approximately 70% of the Company's sales in 2024 came from returning customers or referrals.
• With over 40 years in operation, the Company has built an excellent reputation in its market for professionalism, quality products, installation, and service.
• The Company is a premier service provider to agents of a national insurance company.
• The business operates as a turnkey operation, requiring only limited buyer management oversight.
Opportunities:
• Add builder and remodeling sales personnel at both locations to expand the scope of customer reach.
• Implement sales and marketing efforts in the commercial sector to broaden the customer base.
• Increase projects with homebuilders to drive growth.
• Add kitchen and bath design sales and services to enhance residential customer offerings.
• Add design consultative sales personnel at both locations to provide personalized services.
• Establish after-sales services and standalone design fees to generate additional revenue.
Headquartered:
• Southwest, Florida
Current Markets:
• The Company serves customers with a focus on residential and restoration related projects in its local markets.
Real Estate:
• The Company operates from four locations totaling approximately 29,210 sq. ft., encompassing two retail stores and two warehouses, both of which includes office space.
• All four locations are leased from unrelated third parties.
Shareholder Ownership:
• Ownership is seeking to sell the Company, which is a wholly owned subsidiary of the parent company that is located in the Midwest, US.
• Seller's executive management is willing to consult with the Company for a predetermined transition period.
Listing Info
- ID
- 2345665
- Listing Views
- 149
Attached DocumentsAttachment Disclaimer
Listing ID: 2345665 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.
