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Retail Store Specialized in All Types of Flooring – BN000040413

Northeast US
1M-5M500K-2M Retail
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TEASER
CLIENT CODE: BN000040413
REVENUE/TURNOVER: $4,160,000
EBITDA: $569,000
HEADQUARTERS: Northeast US
 
Interested? Contact Us
813-898-2350
wsullivan@benchmarkintl.com
Retail Store Specialized in All Types of Flooring – BN000040413

William Sullivan

interested in this opportunity?
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The company is a retail store specialized in all types of flooring. The company carries various wall and flooring materials, including luxury vinyl, stone, hardwood, carpet, and others. In addition, the company installs its own products for both residential and commercial customers

Key Aspects

  • Adjusted EBITDA margins have averaged 15.2% from FYE September 30, 2018, to FYE September 30, 2021
  • Gross profit margins have averaged 32.2% from FYE Sep’18 to FYE Sep’21
  • Large 9,000 sq. ft. showroom of floor and wall tile
  • Over 70 years in the industry with an excellent reputation
  • The company holds a Data Universal Numbering System (DUNS) number and Commercial and Government Entity (CAGE) code to perform business transactions with the U.S. Federal government

Opportunities

  • Establish new locations in New England as a catalyst for growth in the northeast U.S. market
  • Create a dedicated marketing strategy to attract additional market share
  • Advertise tile and flooring maintenance as a service to incorporate additional revenue streams
  • Launch online sales portals to purchase products and request installation services • Establish new affiliations with suppliers nationwide
  • Establish Search Engine Optimization (SEO) on the company website

Headquartered

  • Northeast United States

Current Markets

  • The company serves residential and commercial customers in the Northeast U.S.

Real Estate

  • The company operates from a 14,000 sq. ft. facility leased from an affiliated entity. Management notes that the real estate is not included in the transaction, but the lease can continue after the sale.

Shareholder Objectives

  • The company is owned by one shareholder. The shareholder is seeking to retire but is willing to remain with the company for a transition period to ensure a smooth transfer of ownership

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