Flooring Business with Integrated Model, Northeastern USA
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Asking Price
$1,600,000
Detailed Information
Not disclosed
Business Description
A growing flooring business based in the northeastern United States offers a unique, integrated model combining wholesale distribution, retail sales, interior design, and installation services. The company, with equipment and vehicles included, has seen increasing sales over the past few years, with plenty of room for expansion. The sale includes a facility on 7+ acres, featuring a dedicated 31,000 SqFt building and a self-storage facility generating additional income. With 2022 sales at $3.6 million and a steady increase in revenue year over year, reaching $4 million in 2023, this business boasts a 3-year SDE margin of 22% of sales. There is significant potential for growth, as approximately 3 acres of the property remain available for expansion. Solar benefits contribute to the property's sustainability, offsetting a portion of its power consumption. The combined business and property transaction is priced at $4.6 million, with the option for the seller to lease warehouse space to the buyer
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Listed By:
Name : Scott Dumas
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