17554-Profitable, Multi Location Flooring with Style

AZ

Seller Financing Available
17554-Profitable, Multi Location Flooring with Style
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Asking Price: $1,199,000

Cash Flow: $288,000

Gross Revenue: $2,869,000

EBITDA: N/A

FF&E: $356,000

Inventory: N/A

Established: 1985

17554-Profitable, Multi Location Flooring with Style

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Business Description

Operating from its headquarters in Maricopa County, Arizona, the company is a long-standing, high-quality retail and wholesale flooring sales and installation company. The primary product lines consist of carpeting, waterproof laminate, vinyl planks, and porcelain tile flooring products. By providing installation services as well, the company maintains an even higher presence in the market by being able to capitalize on complete flooring requests. The company operates out of three retail locations, all conveniently located in regional Phoenix metro communities for high traffic, visibility, and growth. Owned with an option to lease or purchase, the locations total nearly 15,000 square feet, with ample space for expansion, warehousing, and showroom space. The company was started in 1985, and continues to attract customers with its streamlined advertising, reputation, and great location visibility. Since its inception, the company has grown exponentially, with the majority of its revenues coming from repeat business and strategic market capitalization in its geographic market. The current ownership has already thought about growth plans for this business; there are many opportunities presented for new ownership to continue growth with minimal capital infusion. The customer base consists primarily of local and regional residents, but contractors and commercial clients as well. In 2018, the total revenue was $2,869,398, with Seller’s Discretionary Earnings of $288,426. The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to the company’s continued success.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
Team operated, the owner is looking for a standard transition, up to one year.
Reason for Selling:
Other interests
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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