Florida West Coast’s Leading Flooring Retail Store
| Cash Flow: | $1,093,000 |
| EBITDA: | $993,000 |
| Gross Revenue: | $3,400,000 |
Headquartered on the West Coast of Florida, this business is a proud member of the Carpet One cooperative and operates as a specialized flooring retail store. It offers a wide array of flooring products including carpets, luxury vinyl, hardwood, laminate, tile, granite, and other related items. Additionally, the Company provides expert design consultation and installation services. It maintains strong relationships with major industry brands such as Tigressa, Innovia, Invincible, Rustic River, Bel Terra Tile, and other manufacturers.
The Company is well-regarded in the regional market and has built a strong reputation for the quality of its products, exceptional customer service, deep technical knowledge, and prompt delivery of products.
INVESTMENT APPEAL
Facility Capabilities: The Company’s two facilities total 4,000 square feet and 5,100 square feet, respectively. The Company anticipates capitalizing on these facilities and capacity during the pro forma period.
Industry Expertise: In addition to the principal’s extensive floor covering stores industry experience, many of the Company’s key employees also have significant market and service knowledge. This wealth of experience and expertise provides the Company with a significant intangible asset and advantage over many regional competitors.
Diversified Customer Base: The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.
Modest Ongoing Capital Investment Requirements: Management does not expect significant investments in capital assets will be required over the pro forma period. Going forward, management anticipates capital expenditures of $10,000 per year.
