No photo available

Details - Information last confirmed on June 21, 2021

The company is a leading provider and installer of floor coverings for residential and commercial clients. It operates as a franchisee of a highly reputable franchise. The company provides a unique in-home flooring experience with its mobile flooring showroom. It also remodels kitchens and bathrooms.
Key Aspects
• Adjusted EBITDA grew at a compound annual growth rate (CAGR) of 9.8% from 2018 to the trailing-twelve-months (TTM) ending March 31, 2021
• Gross profit margins have averaged 36.3% from 2018 to the TTM ending March 30, 2021
• Excellent reputation in the local market
• Unique mobile flooring showroom that holds more than 3,000 styles and colors, giving the company a competitive advantage
• 4.8 Google Star Rating for superior customer service
• Website is Search Engine Optimized (SEO)
• Expand services into different geographic locations
• Increase sales and marketing efforts to expand client base and increase revenue; specifically, the commercial market
• Leverage the company’s goodwill in securing residual business; the lead source distribution over the last 10 years has grown from 10% personal, professional, and former customers to now over 65%
• Continue to network and cultivate new business and community involvement
• Capitalize on the rising demand of in-home improvements i.e., floor coverings and the fast-growing luxury vinyl floor category
• Southeast US
Current Markets
• The company serves residential and commercial clients in the Southeast US.
Real Estate
• The company operates from a 2,500 sq. ft. studio and warehouse leased from an unrelated third party. There is room to grow at the facility.
Shareholder Objectives
• The company is owned by a husband-and-wife team. They are both at retirement age and ready to begin the journey through their exit strategy. Both owners are willing to remain for a transition period to ensure a seamless transfer of ownership.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

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.