For Sale
With 4 retail locations across central Florida, this company sells and installs residential and commercial flooring. With stores in 4 different counties, the company also offers kitchen and bath cabinetry remodels. The product line includes tile, carpet, laminate hardwood, luxury vinyl, natural stone and glass tile.
Investment highlights:
2023: $3.2mn revenue; 40% Gross Margin / 10% EBITDA margin (compared to NAICS 2383 median of 7.4%)
Turnkey flooring sales & installation business, owners are already semi-retired.
Access to growing residential and commercial construction market – with expected growth of 7% annually.
Large ticket captive customer base (80% residential) with over 40% repeat customers
Repeat commercial clients include nursing homes and seminaries.
4 retail locations with transferable leases
9 FTEs willing to stay with the company post sale.
Expect boost to earnings from reopening and renovation of showroom.
Multiple growth levers from expanding into cabinets and bathrooms, demand for value-added services, and growing digital sales.
