Floor Covering Sales & Installation

Location: Canada -> British Columbia -> Vancouver
Industry: Retail > Home and Garden Retail

The Company is a family-owned and operated floor coverings business that supplies and installs carpet, vinyl, ceramic tile, hardwood, high pressure laminate flooring, cork flooring, and vinyl composition tile. Now seeking retirement, the current owners established the business in July, 1987. The Company was built on honesty and integrity which support its commitment to excellent service, value, and workmanship. Over the years, this has fostered its superior reputation in the industry for customer satisfaction which drives its growing revenue base entirely through referrals and repeat business. The Company enjoys a resilient and sustainable business model which sources its sales from insurance / restoration, commercial / contract, and residential renovations. The Company has virtually no exposure to the cyclical nature of new construction markets. New ownership with energy would be well situated to capitalize on the Company’s enviable market position and stellar reputation to elevate the business to new levels. Contact for more information on this Floor Covering business for sale.

Financials

Asking Price Range: $500K – $1.0M
Gross Revenues: $1,350,000
Cash Flow: $257,000
Cash Flow Type: EBITDA
Inventory: $37,000
Seller Financing: Not Disclosed

About The Business

Year Established: 1987
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Owners committed to long-term successful transition.
Reason For Selling: Retirement.