Residential & Commercial Flooring Retailer / Installer
Business Description
Entrenched as the premier local flooring company in one of New England’s most desirable markets, this well-established business offers a full complement of residential and commercial flooring solutions, including carpet, hardwood, tile, and vinyl. The business is turnkey, with a built-out showroom, curated inventory, and an experienced staff in a prime, heavily-trafficked location.
About the Business
- Years in Operation
- 17
- Facilities & Assets
- The seller owns the real estate where the company currently operates. The real estate is available for sale or lease. The property comprises both the showroom and the warehouse used for business operations. Additional assets included in the price are a well-maintained fleet of vans and equipment.
- Market Outlook / Competition
- The company has performed profitably in all years of operation due to its ability to control both the product sale and the installation of a project across a variety of customer profiles, including institutional clientele. Competition is mostly limited to national chain brands lacking the value of a local reputation, or niche flooring companies offering only wood flooring products to a subset of the addressable market.
- Opportunities for Growth
- Additional geographic market opportunities exist to both grow or expand. It has a strong position within one hour of its primary market. Expansion opportunities within geographic proximity to the company’s existing footprint include neighboring states, potentially supported by satellite location(s). The existing location has warehouse space that may be suitable for centralized distribution for a larger network of locations.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 16,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will provide transition training for a new owner.
- Financing Options
- Anticipated Seller & Bank Financing TBD. Down Payment TBD. Working Capital Needed $25
Listing Info
- ID
- 2422197
- Listing Views
- 20
Listing ID: 2422197 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.
