Established Flooring, Tile, Kitchen & Bath Company with 43-year Operating History & Optional RE

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Building & Construction Businesses for Sale

  • Primary Category: Other Building & Construction Businesses for Sale

Back on the market!

This is an outstanding opportunity to acquire an established flooring and kitchen & bath business specializing in hardwood, tile, and carpet, as well as full kitchen & bath remodeling. In business since 1979, this company operates out of two building facility with a recently updated showroom and front facade. Quality service and installation is their hallmark, and is reflected in their consistent revenue and reputation in the region. Decreased competition in the market area translates into immediate upside for the acquirer. Marketing spend is minimal and installations book out months in advance.

The current owners are ready to retire and will provide transition support to ensure a smooth handover to new ownership.

*** Investment Highlights ***

--> Established business for 43 years, with consistent revenue. Low competition in the market area.
--> Sales of $4,234,892 in FY 2024.
--> Seller Discretionary Earnings: $506,179 (weighted 3 year average)
--> Experienced sales and operations team in place. Installations are performed by a talented team of sub-contracted installers.
--> SBA Lender Pre-approved
--> Multiple Growth levers available

Financial Information

  • $1,500,000 Asking Price
  • $506,179 Cash Flow
  • $4,234,892 Gross Revenue
  • N/A Down Payment
  • Yes Financing
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Massachusetts

Financing Comments

  • Some owner financing may be available

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1979
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 8
  • Part-Time Employees: N/A
  • Contractors: 10
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $104,000
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $1,300,000
  • Building Size: 15749
  • FF&E Included?: Yes
  • FF&E Value: N/A

Training/Support

  • Seller will provide transitional training and support

Facilities

  • The facility is Seller-owned and the real estate is available for purchase.

Market Outlook/Competition

  • Big box stores

Real Estate Description

  • The facility consists of two buildings. There is an additional area on the property that can be used for expansion.
Business Listed by
image of Brian Brattigan
Brian Brattigan
Sunbelt of Boston
Show Phone Number
Listing ID
BOSTOMA002-58283

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