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Hi Volume Flooring Company- Residential and Commercial

Pitt County, NC

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Asking Price: $2,000,000

Cash Flow: $633,787

Gross Revenue: $3,214,266

EBITDA: $633,787

FF&E: $70,000

Inventory: $25,000

Real Estate: $920,000*

Established: 1998

*not included in asking price.

Hi Volume Flooring Company- Residential and Commercial

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Business Description

A fast-growing, lucrative, full-service provider of floor coverings in the commercial, residential, and retail market. Net profits up 25% in 2018! Sales up again in 2019.

This company excels in healthcare, banking, retirement, high-end new construction, educational, and retail in Eastern North Carolina. Excellent staff in place.

Products include: Carpet, Tile, Hardwoods, Bamboo, Laminate, Cork, and Vinyl.

Additional Services include: Custom Bath & Showers, Interior Decorating, and personalized Kitchens.

• 70% commercial / 30% retail revenue mix.
• 75% percent of annual sales is repeat business.
• The only store in the area with a huge selection of mid- to high-end floor covering; catering to homeowners.
• Company has built a reputation for exceeding expectations on even the most demanding of jobs.
• New products/services planned within the next 12-24 months include: New carpet, ceramic, and LVT lines. Expanding vinyl-wrapped stairs.

SBA Bank financing available for qualified buyers.

For more information contact Jim Kniffen at Gulfstream Mergers & Acquisitions (704) 892-5151.

Attached Documents

Detailed Information

Pitt County, NC
Included in asking price
Real Estate:
Not included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
8,000 square feet fully furnished store and warehouse with delivery trucks, forklifts etc. Built in 2014, designed and laid out specifically for the business it is owned by Sellers
Growth & Expansion:
This company is growing and very profitable.
Support & Training:
Seller will train, experienced staff in place.
Reason for Selling:
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(from currently available funds)
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Jim Kniffen

Business Listed By:
Neil Boyles

Gulfstream Mergers & Acquisitions

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