Tupelo Data Room
Carpet & Flooring
Active

Established Flooring Retailer & Installation Company

Akron, Ohio, United States
listing image
Asking Price$150,000
Revenue$1,220,000
EBITDA$94,062
Cash Flow$157,000
Description
A profitable, long-established floor-covering retailer and installation company serving the Akron–Cleveland corridor from a high-visibility, Type-A retail showroom. The business sells and installs carpet, luxury vinyl plank (LVP), hardwood, tile, and sheet vinyl, with roughly 90–95% of volume sold on a full-service, measure-and-install basis. It competes on reputation, expertise, and buying power rather than price promotion — as a long-standing charter member of an elite national flooring buying group, it commands national-account pricing, below-street costs, and manufacturer rebates that a small independent could not otherwise access. The owner is retiring and will support a transition of up to approximately six months. BUSINESS AT A GLANCE ▪ Revenue mix: carpet ~55% · LVP & vinyl ~35% · tile, sheet vinyl and other ~10%. ▪ Customer mix: ~90% residential replacement · ~10% commercial. ▪ Channel: ~87% retail walk-in and showroom traffic. ▪ Team: owner plus 3 employees, and roughly 4 subcontract install crews with 5–30 year tenures. ▪ Facility: ~5,400 SF owner-occupied showroom on a 1+ acre corner lot, plus a ~10,000 SF leased warehouse and office. ▪ Owner works ~15 hours per week in the showroom. WHY IT'S ATTRACTIVE ▪ Realized gross margin near 40%, driven by elite buying-group purchasing power and disciplined job costing. ▪ Seven decades of goodwill in a high-visibility, Type-A location the community has known for 60+ years. ▪ 4.9-star online reputation; an estimated 85–90% of new customers arrive by repeat business and referral. ▪ Close rate on quotes of ~75–80%, versus an industry average of roughly 30–35%. ▪ Proven resilience — the team ran the business for ~2.5 months during the owner's unplanned medical absence and roughly broke even. ▪ Debt-free, clean books, excellent supplier credit, and a lean 3-employee team plus long-tenured install crews. GROWTH OPPORTUNITIES ▪ Marketing spend is only ~1% of sales versus an industry average of 3–4% — an obvious, low-cost lever. ▪ No CRM, email program, or active social presence; 20+ years of customer files exist but email was never consistently captured. ▪ The commercial / property-management channel was recently wound down and is ready to be rebuilt. ▪ Hard-surface (LVP and tile) has been the fastest-growing category since the showroom expansion. ▪ Room to add design services, in-home selling, and a builder or property-management program.
Real Estate
$600kNot Included in Asking Price
Building Size: 5086 sq. ft.
Furniture Fixtures & Equipment
$50k
Inventory
$50k
Business is
Relocatable
Number of EmployeesFull-Time: 5Part-Time: 2Contractors: 2
Year Established
1954
Reason Selling
Retirement
Related Categories
Carpet & Flooring for Sale
Business for Sale in Ohio
Asking Price$150,000