Flooring Retailer #68118
Mississippi
| Gross Revenue: | $3,500,000 |
| EBITDA: | $522,000 |
Listing ID: 2247347Listing provided by BizBuySell
BUSINESS DESCRIPTION
This Company is a premiere floor covering retailer that specializes in carpet, hardwood, LVP, and other products. In operation for over 30 years, the Company has developed a broad set of capabilities and has completed work on a variety of projects.
The Company’s primary revenue sources are derived from carpet, hardwood, and LVP. However, The Company can provide clients with custom rugs and other various products. Through close partnership with contracted installers, the Company provides installation services. The Company utilizes five primary installers, which provides operational and budgetary flexibility unlike in-house installers. Repairs, maintenance, and cleaning can also be provided through the Company.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
4
Facilities
The Company operates from a 6,000 square foot, related party-leased facility. The facility is utilized as a retail space and showroom. Additionally, the facility is located near several highways for ease of access to and from the location and supports the revenue growth during the pro forma period.
Competition
Outstanding Growth Opportunities: There exist several opportunities for the Company to significantly increase revenue and profit, including leveraging the Company’s proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given the appropriate investments in capital and human resources.
Growth & Expansion
> Geographic Expansion
> Product-Line Expansion
> Marketing & Business Development
Support & Training
Seller will provide whatever training is necessary for a proper transition.
Reason for Selling
Seller would like to focus on other life objectives
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