Hot Listing

Large Custom Flooring Business by Doug Jackson

Asking Price$3,950,000

Cash Flow
$1,266,426

EBITDA$1,078,516

Gross Revenue$7,143,544

Inventory$450,000
Not included in asking price
FF&E$200,000
Included in asking price
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Hot Listing

Large Custom Flooring Business by Doug Jackson


Asking Price$3,950,000

Cash Flow
$1,266,426

EBITDA$1,078,516

Gross Revenue$7,143,544

Inventory$450,000
Not included in asking price
FF&E$200,000
Included in asking price
Business Description
Fantastic Operation!
Northern Virginia–based business specializing in handmade rugs, broadloom carpet, and specialty flooring. The Company partners with interior designers, architects, and commercial clients to specify, fabricate, and install premium floor coverings with in-house measurement, warehouse prep, and installation capability.
The Company’s diversified mix of designer-led residential and vetted commercial projects, coupled with curated access to mills and artisan partners, supports healthy gross margins and repeat business.

This is a rare opportunity to purchase a that business provides floor coverings for some of the wealthiest and most prominent people in the D.C. area. Their ultra high-end product line and trusted installation service has made them the company to go to for top interior designers, architects and commercial clients.

**Please Norte** While this business is easily SBA financeable, it will require upwards of $1.75 million down to make it financially viable. In addition to the purchase price the buyer will also need to purchase the seller’s inventory, place manufacturer deposits and fund the accounts receivable and working capital bringing the total deal cost to $5.35 million. With $500,000 down, the debt service would be in the range of $740,000 annually. Then there will be added employee costs to the buyer of $200,000 per year leaving net cashflow at less than $150,000. Additionally the lender will want security of $2 million plus on real property.

For more information contact Northern Virginia's Number One Business Seller - Doug Jackson. Financial documentation and operational details are available to qualified buyers upon execution of appropriate confidentiality agreements and verification, proof of funds.
About the Business
Years in Operation
31
Employees
20 (10 Full-time, 10 Contractors)
Facilities & Assets
The company operates of an upscale retail space and has warehouse where products are prepped for installation.
Website
https://cbbva.com/nda
Market Outlook / Competition
This business operate at the upper end of society and does not experience the volitility that other businesses endure.
Opportunities for Growth
The business can expand it's reach by opening offices in other metropolitan area's.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,023
Rent
$22,822.00 per month
Lease Expiration
1/1/2035
About the Sale
Seller Motivation
Retirement
Transition Support
One of the owners wishes to continuew working in the business after the sale. The main executive will provide up to two months of training to ensure a seamless transition.
Listing Info
ID
2437870
Listing Views
411

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Business Listed by: Doug Jackson Capital Business Brokers

Listing ID: 2437870 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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