Floor Covering Sales / Installation - $9M Sales
Location Virginia,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $9000000
Net Profit / Cash Flow $1200000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Orderly transition
Reason for Sale Retirement
Description This well-established and very profitable company is a regional provider / installer of numerous lines of carpeting to the residential building industry. Products and services provided to its customers include carpeting, padding (underlay), decorative hardwood flooring and vinyl floor covering. The Company employs a staff of 18 and in excess of thirty crews in order to accommodate the rising sales which exceeded $8.5MM in 2003. It is located in the Mid-Atlantic region. This Company is the controlling major provider in its region for the installation of carpeting and vinyl flooring in new residential construction. It also installs decorative pre-finished hardwood flooring when desired as part of the flooring package. Homebuilders that exclusively use the Company's services comprise more than half of the twenty largest builders in the region. The company is also a major customer of the two largest carpet mills in the US. As such, incoming deliveries of material are very frequent to maintain excellent control, while their volume purchases enable very favorable prices. Sales are generated by direct contact with the contractor / builders and enhanced by the close rapport of the installation coordinators. Contact for more information on this Floor Covering Sales / Installation business for sale.
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