Growing Flooring Company in Florida! (17702)

Financial & Assets Details

About the Business

Business Description

Located close to the Disney Resorts within a thriving Greater Orlando Area, Flooring Boutique provides quality products and installation to clients surrounding its geographic area. Specializing in higher-end products such as Carpet, Hardwood, Porcelain Tile, Vinyl Plank, Plantation Shutters, Blinds, & Draperies. Found in excellent condition, company headquarters is a prime retail-based facility of a triennial lease that totals over 3,500 square feet, features showroom space, its own warehouse and up to 2000-sq. ft. of showroom. Commercially zoned to hold extra capacity in the case of expansion, growth opportunities exist by increasing the current team of 3 nonunion employees or by adding another location within their service radius of 20 - 25 miles. Benefitted by low overhead inventory that varies per project and reliable personnel agreeing to remain post-purchase, new management can easily adapt to company’s semi-absentee operations during a standard transition period as needed. With Gross Sales nearly doubling in the span of one year and 2020 projections surpassing $600K, 2019 saw Total Revenues reach amounts of $576,761 alongside Seller Discretionary Earnings of $78,067 and EBITDA of $39,150, based on an independent evaluation! Apart from maintaining a website and some social media presence for self-promotion, marketing efforts have made use of digital ads, print media, as well as relied on referral sources backed by a large recurring customer base.

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Leased.
Inventory varies per project.

Support & Training

Standard Owner Transition period as needed.

Reason for Selling:

Approaching retirement and/or pursuing other interests.