Retail & Wholesale Flooring Business for Sale
Business Description
A fast growing vertically integrated flooring business operating in the northeastern United States.
Current owner has designed a very scalable business model which incorporates wholesale distribution, retail sales, interior design & installation all under one roof.
Sale includes all equipment including vehicles(cars & trucks), forklifts, flooring related tools....etc. Inventory sold separate(stock refreshed annually).
2022 sales $3.6M, 2023 sales $4M and 2024 trending flat to 2023 A/O 09/30/24. 3 year SDE margin running @ 22% of sales. Lots of upside still to be realized as the business is ready for expansion.
Under a separate agreement also available is a 7+ acre to include a +31,000 SqFt facility dedicated to the primary business and an additional self-storage facility with @ 120 individual units which generate $97K in top-line sales annually.
Of the total 7+ acres, an estimated 3 acres are underutilized and available for business or self-storage expansion.
The property includes additional benefits such as solar(offsets 20% of building power) and other sustainable aspects for later discussion.
Total land ask is $3M for a combined business & property transaction of $4.6 Million.
Seller willing to lease warehouse space to flooring business buyer if necessary to ease transition complexity.
Complete the attached NDA and return to ScottDumas107@gmail.com for more information.
All attached existing photo's are online stock photo's.
Current owner has designed a very scalable business model which incorporates wholesale distribution, retail sales, interior design & installation all under one roof.
Sale includes all equipment including vehicles(cars & trucks), forklifts, flooring related tools....etc. Inventory sold separate(stock refreshed annually).
2022 sales $3.6M, 2023 sales $4M and 2024 trending flat to 2023 A/O 09/30/24. 3 year SDE margin running @ 22% of sales. Lots of upside still to be realized as the business is ready for expansion.
Under a separate agreement also available is a 7+ acre to include a +31,000 SqFt facility dedicated to the primary business and an additional self-storage facility with @ 120 individual units which generate $97K in top-line sales annually.
Of the total 7+ acres, an estimated 3 acres are underutilized and available for business or self-storage expansion.
The property includes additional benefits such as solar(offsets 20% of building power) and other sustainable aspects for later discussion.
Total land ask is $3M for a combined business & property transaction of $4.6 Million.
Seller willing to lease warehouse space to flooring business buyer if necessary to ease transition complexity.
Complete the attached NDA and return to ScottDumas107@gmail.com for more information.
All attached existing photo's are online stock photo's.
About the Business
- Years in Operation
- 39
- Employees
- 9
- Currently Relocatable
- Yes
- Facilities & Assets
- 31,000 SqFt combined showroom, office & warehouse. Includes forklifts, man-lifts, trade-related tools, trucks & other miscellaneous trade-related tools.
Real estate includes an additional 122 self-storage units not included in the 31,000 SqFt warehouse nor business revenue calculation. This is essentially "gravy" above existing revenue numbers.
Inventory is not included in the sale price. - Market Outlook / Competition
- Seller completely dominates their existing markets. Adjacent markets have no single dominant player. Seller willing to assist with Buyers future growth plan.
- Opportunities for Growth
- Seller has a very minimal online presence and has avoided retail & installation expansion beyond a 60 mile radius.
2024 sales ended at $4,2 Million.
Email the attached NDA to ScottDumas107@gmail.com with "Flooring Company NDA" in the Subject Line and the below questions answered in advance.
1. Cash Available for Acquisition:
2. Acquisition Timing:
3. Buyers zip code:
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 31,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Of the 9 total employees, 2 are the current sellers & 1 is extended family expected to stay after transition. Recent hires include a General Manager(Oct 2024) & an admin starting 1/2025.
These new hires are intended to reduce operational dependency on existing operators/Sellers for a new buyer. - Financing Options
- Partial Seller Financing Available
Listing Info
- ID
- 2171743
- Listing Views
- 3639
Attached DocumentsAttachment Disclaimer
Listing ID: 2171743 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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