DESCRIPTION: Highly profitable floor covering retailer with protected products and a superb location in the Greater Portland area. Margins are well above industry average due to efficient operations, exclusive products, and high-quality goods and services. This business represents a great opportunity for an owner/operator to build upon an efficient operation with a desirable location in an attractive market. The customer base is primarily residential, and there are immediate opportunities to grow revenue through expansion of product offerings and/or increasing sales to a substantial commercial customer market.
MARKET & GROWTH: The business features a number of desirable products, many of which enjoy some level of protection from being sold elsewhere in the local market. The company has a well-defined target market and focuses its efforts, from marketing to product offering to sales and service, on satisfying the demands of that customer base. The market for the company’s goods continues to grow steadily and likely will continue to do so for the foreseeable future given local demographic trends. Current ownership has identified specific opportunities for future growth including specific product line expansion and targeted sales channel expansion.
FACILITIES: The company’s facility is located in a spectacular location to attract and service its primary target market. The building was renovated in 2021, re-painted outside and inside, with new outside features and a repaved parking lot. The facility includes a small, but sufficient, warehouse.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.