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.