Description:
The Company specializes in high-quality polymer flooring systems, terrazzo solutions, concrete coatings, and polished concrete solutions. The Company delivers customized flooring solutions designed to enhance durability, safety, cleanability, and aesthetic appeal for a range of commercial and industrial applications.
Key Aspects:
• Revenue grew at a compound annual growth rate (CAGR) of 5.1% from 2021 to 2024.
• Gross profit margins averaged 22.1% from 2021 to 2024.
• As of February 2025, the Company has a backlog totaling approximately $600,000 in revenue to be recognized in 2025.
• Management notes that in 2024, approximately 65% of revenue was generated from repeat clients.
• Over 20 years of operating history with a reputation for exceptional customer satisfaction and high-quality flooring solutions.
• Diverse product offerings, including polymer flooring systems, concrete coatings, and polished concrete, customized to meet unique customer needs.
• Commitment to completing projects on time, within budget, and with the highest regard for quality and safety.
• Factory-certified in-house crews ensuring consistent, high-quality installations without reliance on subcontractors.
Opportunities:
• Expand geographic reach into additional regions with high rates of construction activity
• Further relationships with general contractors, architects, and large-scale developers to secure larger commercial and municipal projects
• Capitalize on the growing demand for sustainable and eco-friendly flooring solutions
• Leverage the Company’s ability to customize products to explore niche markets or specialized flooring needs
Headquartered:
• Northeast US
Current Markets:
• The Company provides turnkey flooring solutions to a diverse industrial/commercial customer base throughout the Eastern and Southeast US, from small businesses to Fortune 500 companies. The Company serves a variety of industries, including retail chains, food & beverage, pharmaceutical & chemical manufacturing, and general manufacturing.
Real Estate:
• The Company operates from a 12,000 sq. ft. office and warehouse space leased from an affiliated entity and a 1,800 sq. ft. warehouse space leased from an unrelated third party. Management notes that the Company-owned space may be included in the sale or leased long-term.
Shareholder Ownership:
• The Company is wholly owned by a single shareholder who would like to pursue retirement. The shareholder is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
Ad#:2378653