Well Established Floor Covering Company with Strong Pipeline/Reputation for Customer ServiceListing: #PAE00297
About this Business for sale in Mid-Atlantic StatesWell Established Floor Covering Company with Strong Pipeline/Reputation for Customer Service
This floor covering company has been delighting its diverse customer base in its community for over 50 years. The Company has grown into one of the most respected businesses in the area, earning a strong recurring customer base in each of the channels on which it focuses. The Company has set itself apart from the competition as a full-service floor covering retailer known for caring about and servicing its residential and contract customers. From 2017 to 2021, the company has delivered a 19% CAGR on EBITDA and has posted a
4.4% CAGR on revenue from 2018 to 2021.
The Company enjoys proprietary buying power through national affiliations, so is able to offer the best flooring brands at the best prices, while focusing on the quality service that is the cornerstone of its business. The accredited, loyal staff takes great pride in personal, local service and the superior knowledge and expertise that the business is dedicated to providing. The Company’s location is in a well-traveled, desirable neighborhood, and includes a spacious retail showroom, administrative offices, and storage space.
The Company would be an attractive investment to a strategic buyer looking to expand its geography or to add the Company’s services to its existing offerings. It may also be an attractive opportunity for investment buyers due to the strong operations team and historic success.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.