Building Material & Hardware Stores, Other Building & Construction
Active
Commercial Flooring Company
California, United States
Asking Price$12m
Revenue$23.56m
EBITDA-
Cash Flow$2.31m
Description
Founded over 50 years ago, this west coast commercial floorcovering contractor company has a focus on delivering high-quality products and reliable installation services to real estate developers and general contractors.
They have established partnership relationships with some of the largest floorcovering manufacturers and distributors in the United States. With a wide selection of soft and hard floorcovering products and flooring installation services, the Company caters predominately to commercial customers – both in new construction and renovation projects. The Company has expertly installed its products in corporate offices, hospitality and education centers, multitenant complexes and senior living properties, among others.
Furniture Fixtures & Equipment
$800k
Inventory
Included in Asking Price
Number of EmployeesFull-Time: 125
Year Established
1950
Reason Selling
Retirement
Support & Training
Current top sales and management staff will likely stay with the Company post-transaction. None are currently subject to employment agreements. Ownership is willing to stay on post-transaction for an agreed upon transitional period.
Market & Competition
Their primary competitors include big-box retailers like Home Depot and Lowe's, as well as specialized flooring companies and local carpet outlets. To stand out, this company leverages personalized customer service, competitive pricing, and a curated selection of high-quality, trend-driven carpets and flooring materials. Effective marketing strategies include targeted digital advertising, partnerships with local contractors and interior designers, and a strong presence in the community through sponsorships and events.
Growth Opportunities
Ownership believes it has reached a point in its development life cycle where it could be of strategic value to a company seeking to enter the thriving West Coast construction market. This company has infrastructure and expertise in place that can be leveraged geographically and across other trades. Any buyer seeking to enter this market would begin with a huge advantage over a competitor seeking to build a similar operation from scratch.
Financing Options
Seller financing is available.Up to 10% of the selling price
Asking Price$12m
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.