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Flooring Company for Sale in Troy, United States

Company providing carpet and flooring solutions directly to end-users and through independent dealers.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity S Corporation
Reported Sales USD 20 million
Run Rate Sales USD 20 million
EBITDA Margin 8 %
Industries Flooring Contractors
Locations  Troy
Local Time 8:02 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 16 million (Native Currency: USD 16,000,000)
Reason: Looking to retire and spend more time with the family.
Includes physical assets worth USD 180 thousand
Documents
Business Overview

- Michigan based business started from scratch and operating for the past 9 years.

- We sell different types of floor coverings like carpet, laminate, vinyl, hardwood with numerous design and customization options.

- Selling our products directly to customers via online, door to door salesperson and through independent authorized dealers.

- Have 30 independent authorized dealers across Michigan.

- We specialize in next day delivery and installation services.

- Products are sourced from multiple local manufacturers.

- Our warehouse can keep an inventory of approx. $1.4 Million at a time to provide next-day installation services.

- Started the business with annual revenue of $360 K and now we are at $20 Million.

- Promoter has more than 10 years of experience in this industry.

- Buyer would get the complete business with inventory, furniture, website, and brand.

Products & Services Overview

We sell and install different types of floor coverings like carpet, laminate, vinyl, hardwood with numerous design and customization options.

Facilities Overview

Rented 10,000 sqft office space and 50,000 sqft warehouse space.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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