Wholesale Carpet/Flooring AND Trucking Company

GA

Wholesale Carpet/Flooring AND Trucking Company

Asking Price:$1,495,000

Cash Flow:$477,000

Gross Revenue:$5,060,000

EBITDA:N/A

FF&E:N/A

Inventory:$350,000*

Rate/Sq. Ft.:$2.00

Established:N/A

*not included in asking price.

Wholesale Carpet/Flooring AND Trucking Company

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Business Description

Business Summary

The business is a combination of two companies. The Carpet/Flooring Co has been providing carpet and other flooring products to the retail industry nationwide for over fifteen years. They carry base grade flooring all the way to 60 ounce carpeting. The company inventories all of its products in their facility in Georgia and has two dedicated cut floors for order fulfillment. The second component of the business is their shipping and logistics division, currently operating in the same location as a separate entity. Trucking Co picks up from all carpet mills and distributors in north Georgia and Atlanta and delivers orders to customers. The company also helps customers reduce handling costs and warehouse space by storing inventory for customers and delivering inventory as needs arise.

Carpet/Flooring

Carpet/Flooring Co sells wholesale around the country through a network of 17 to 18 field sales agents. This is the only line of residential flooring these sales agents represent in the field. They also cut and ship rolls per customer specifications. The business has developed into one of the top in their industry in three major markets they serve: California, Nevada and Florida.

Trucking

Shipping/Logistics Co currently operates with three tractor trailers and one box truck with plenty of room for expansion. They pick up from the mills and deliver to the customer’s facility. They have the ability to warehouse inventory and deliver inventory on an as-needed basis. That allows customers to take advantage of volume buys from the mills even though space limitations of their own facility would restrict this opportunity.

Opportunity for Expansion

A new owner can expand the carpet and flooring business throughout the country by adding additional sales agents and territories, and can expand the shipping and logistics business in a number of ways. Current owners have had to turn down shipping requests in the past due to staff and/or equipment limitations. The trucking division offers an opportunity to expand into additional shipping and logistics markets not currently being served by the company.

Interested parties NEED TO SUBMIT Confidentiality Agreement included in this listing with all inquiries.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
30,000
Lease Expiration:
12/31/2018
Facilities:
$5,000 / month for 30,000 SF facility with office in front and warehouse space in the back
Competition:
See listing summary
Growth & Expansion:
See listing summary
Support & Training:
transition period to be provided as determined between buyer and seller
Reason for Selling:
retirement

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Greg DeFoor

Business Listed By:
Greg DeFoor

DeFoor Business Services, Inc.

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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