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ID: MV1991

Flooring Contractor To National & Regional Builders In North Carolina

United States

This business specializes in sales and installation of flooring products in single family homes to builders, as well as retail sales and installation to residential homeowners.

ID: MV1991

Register Interest

Industry Overview

Market Breakdown:
  1. Commercial: 80%
  2. Residential: 20%


Eastern Region of North Carolina.

Business Description

With almost a decade in business, the retail store showcases quality materials such as laminates, carpet, luxury vinyl, natural stone, glass and metal tiling, and hardwood flooring.

The company has top ratings nationally & locally. The location is in prime condition and ideally located. The facility, owned with an option to lease or purchase, is 8,000 sq. ft. It is complete with a high-end showroom, a centralized warehouse, and an office area. Strong quality and operational procedures have enabled the company to establish partnerships with national, regional, and local builders. The company has an up-to-date infrastructure to take sales to the next level.

A team of eight nonunion employees along with key managers manage daily processes with state-of-the-art software for the CRM, Measuring, Quotes to Invoice, Field Quality Control, full AR/AP and Job Costing, and an exceptional inventory tracking system.

The seller has minimal involvement in the day-to-day operation and will exit after a standard transition period. In addition to an active website and engagement with social media, past marketing efforts include billboards, and an advertising budget that drives retail deals as well as referrals from their large and repeating customer base.

Asking Price - $5,200,000 (*Property Available Separately)

Financial Summary

Sales Revenue 2023 - $5,694,458
Net Income 2023$941,594

Revenue in 2022 totaled $6,911,063:
  1. Discretionary Earnings of $1,418,903
  2. EBITDA of $1,245,753.
  • The slowdown in mid ’23 came as a result of interest rate increases and has now resulted in a significant increase in sales during the first quarter of ‘24.

Transaction Information

Type of Sale: Asset or Stock
  • Inventory: $436,536
  • Equipment: $325,000
  • Other Assets: $40,280
  • Property: $1,700,000 *Available Separately.
  • A/R & A/P: Fluctuating; Negotiable at Sale.

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.