Hardwood Flooring Manufacturer and Distributor
Asking Price: | $1,400,000 |
Gross Revenue: | $5,100,000 |
Cash Flow: | $450,000 |
FF&E: | $230,000 |
Operating from its headquarters in Southern California, the Company specializes in manufacturing and distributing hardwood products for residential and commercial applications. The Company’s primary products include hardwood flooring, stairs, windows, decking, wood siding, tools, and supplies.
The Company operates from two facilities totaling 10,000 square feet, which it leases from an entity controlled by the Owner. The two facilities include a showroom and warehouse, featuring office space and a production area for custom millwork.
Offering these products and services requires a facility, tools, equipment, and ten personnel with industry experience.
The Company has a proven track record, supported by nearly 50 years of ongoing business. With its broad range of products and services, the Company’s marketing efforts focus on targeting general contractors, business owners, flooring contractors, designers, and homeowners within a 50-mile radius of its location.
Revenues have been trending upward over the past 5 years due to an improving local economy. Last year, the Company’s total revenue was $5.1 million rounded with Seller’s Discretionary Earnings of $450,000 rounded.
With a large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones.
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