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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)
Opportunities
• 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
Headquartered
• 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.

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