Full Service Scaleable Flooring Company
Full-Service flooring company in business for 27 years, based in New Jersey. Services include flooring removal and installation with products including wood, carpet, laminate, luxury vinyl tile and ceramic tile.
Financial Information
- $429,000 Asking Price
- $60,000 Cash Flow
- $1,115,029 Gross Revenue
- Negotiable Down Payment
- Yes Financing
Business Location
- City: Confidential
- State: New Jersey
Financing Comments
- Seller will consider financing on a case by case basis.
Reason for Sale
- Owner is retiring from the business.
Detailed information
- Year Established: 1996
- Home Based: No
- Franchise: Yes
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: 1
- Contractors: 4
- Owner Worked Hours/w: 10
- Adjusted EBITDA: $60,000
- Inventory Included: Yes
- Inventory Value: $20,000
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- FF&E Included?: Yes
- FF&E Value: $15,000
Training/Support
- 2 weeks for 10 hours per week
Facilities
- Current facility is 10000 sq.ft. must be relocated and can run out of a 5,000 sq ft retail space.
Market Outlook/Competition
- The US flooring industry is projected to grow at 3.8% from 2023 through 2030 according to Grandview Research. Increased demand for aesthetic, superior and durable floor covering solutions is driving the market. Only real competition is big box store. Providing personalize service along with high-quality reputable service routinely wins over big-box retail competitors.
Business Listed by
Anthony Tarricone
Sunbelt of WestchesterContact Business Broker
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