Full-Service Flooring Company
| Gross Revenue: | $13,017,000 |
| EBITDA: | $764,000 |
Description:
The Company is a full-service flooring company that provides a wide range of products including carpet, vinyl planks, and hardwood flooring. The Company also provides consultation & design services, installation, and repair & maintenance. The Company serves the California counties of Los Angeles, Santa Barbara, Orange, Riverside, and San Bernardino, with a focus on mid to high-end residential, commercial, multi-family, and government projects.
Key Aspects:
• Revenue Growth: Revenue has grown at a compound has grown at a compound annual growth rate (CAGR) of 7.8% from 2020 through 2023
• Strong Margins: From 2020 through 2023, the Company has maintained an average adjusted EBITDA margin of 12.5%
• High-Value Contracts: The Company has more than $14 million worth of in-process contracts as of January 2024
• Long-Standing Presence: The Company has been in operation for over 25 years with an excellent reputation in its market for professionalism, quality products, installation, and service
• Stable Client Relationships: The Company has man long-term relationships in place with many of its suppliers, as many of the partnerships started in the company’s first year of operation
Opportunities:
• Diversify Flooring Selection: Expand material offerings to include products such as porcelain and ceramic
• Enhance Marketing: Invest in advertising to increase the Company’s brand awareness, expand its customer base, and enhance sales
• Provide Post-Installation: Offer post-installation service to further boost client satisfaction, expand its customer base and boost revenue
• Expand in CA and in the US: Expand geographic footprint into other California markets as well as the rest of the U.S.
Headquartered:
• California, U.S.
Real Estate:
• The Company leases and operates from a 10,500 sq. ft. facility in California from an unrelated third party
Shareholder Ownership:
• The Company is fully owned by two shareholders who seek to pursue other interests
• All shareholders are willing to remain with the Company for a predetermined period of time to facilitate a smooth transition to new ownership
