Successful Flooring America Business in Tampa

Asking Price$975,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$4,750,000

Inventory$200,000
Included in asking price
FF&E$50,000
Included in asking price
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Successful Flooring America Business in Tampa


Asking Price$975,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$4,750,000

Inventory$200,000
Included in asking price
FF&E$50,000
Included in asking price
Business Description
Flooring business established in 1981, the company has built an excellent reputation in Hillsborough County and the surrounding area for professionalism, quality products, installation and service, with a primary focus on residential (~60% of sales) and restoration-related (~40% of sales) flooring projects. The business has an extensive customer base, including national insurance companies, with no customer accounting for more than 4% of sales.

The company offers its customers various flooring products including vinyl plank and tile, hardwood, tile, carpet and laminates. The products are sourced from well-established and familiar brands. Its staff consists of highly qualified individuals with extensive product knowledge. It uses experienced sub-contractors, most have worked for the company for more than ten years, for installation of the flooring.

The company leases it newly updated retail showroom and warehouse, both of which include office space, from unrelated third parties.

Growth opportunities could be achieved by adding sale people with experience in with builders and remodelers, design consultants to provide more personalized design services, and kitchen and bath products.

The current corporate owner, who provides accounting & human resources support, is seeking a sale so it can focus on its other businesses outside of Florida.
About the Business
Years in Operation
41
Employees
25 (8 Full-time, 2 Part-time, 15 Contractors)
4 full time sales, 2 full time warehouse, 1 full time scheduler and 1 office mgr
Facilities & Assets
Leased retail store 5,625 sq ft. Leased to 9/30/27
Leased warehouse 7,500 sq ft. Leased to 4/30/29
Both locations have office space
Market Outlook / Competition
Flooring business established in 1981, the company has built an excellent reputation in Hillsborough County and the surrounding area for professionalism, quality products, installation and service, with a primary focus on residential (~60% of sales) and restoration-related (~40% of sales) flooring projects.

The company offers its customers various flooring products including vinyl plank and tile, hardwood, tile, carpet and laminates. The products are sourced from well-established and familiar brands.
Opportunities for Growth
Growth opportunities could be achieved by adding sale people with experience in with builders and remodelers, design consultants to provide more personalized design services, and kitchen and bath products.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
13,125
Rent
$23,300.00 per month
About the Sale
Seller Motivation
Owner wants to focus on out of state businesses.
Transition Support
Corporate parent company staff provides HR and some accounting services, both of which would need to be taken over by the buyer.
Financing Options
Cash at Closing ONLY. No seller financing or Buyer with a SBA loan.
Listing Info
ID
2444294
Listing Views
229

Contact Seller

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Business Listed by: Mark Blume

Listing ID: 2444294 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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