In operation for over 30 years, the company is a rug and hard surface flooring supply company primarily serving large retailers and e-commerce, among many others.

Key Aspects

Operating in growth mode, revenues and adjusted EBITDA grew at a compound annual growth rate (CAGR) of 47.9% and 12.5%, respectively, from 2019 through the trailing-twelve-months (TTM) ending June 30, 2022
29.9% average gross profit margins from 2019 to 2021
Over 30 years of extensive knowledge within the home fashion market
90% repeat business rate
Over 4,500 customers in its database
Over 230,000 square feet of office and warehouse space
98% employee retention rate
Fashion-forward designs

Opportunities

Continue to diversify product offerings and expand operations geographically to increase customer reach
Implement a strategic marketing plan to accelerate continued growth
Capitalize on the company’s large floor coverings industry revenue growth, which is expected to grow 6.1% from 2021 to 2028 according to Grand View Research

Headquartered

Southeast US

Current Markets

The company sells its products through retail, distributors, and e-commerce channels throughout the United States.

Real Estate

The company operates from two operating facilities totaling 234,000 sq. ft. The main facility is leased from an unrelated third party. The second facility is leased from an affiliated entity. The affiliated real estate is not included in the sale.

Shareholder Objectives

The majority stockholder is not involved in the day-to-day operations of the business. The active President is willing to remain with the company under new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

Rug & Hard Surface Flooring Supply Company – BN000037479

Rug & Hard Surface Flooring Supply Company – BN000037479

Login