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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A Provider and Installer of Floor Coverings – BM011673

A Provider and Installer of Floor Coverings – BM011673

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