MergerPlace

Commercial Flooring-$6M Sales

New Jersey (Bergen)


  • Asking Price: $4,000,000
  • Gross Income: $11,290,528
  • Cash Flow: $1,434,953
  • Real Estate: Not Disclosed
  • Inventory: $475,856
  • FF&E: $479,016
  • Listing ID: #224224
  • Established: 1965
  • Employees: 16 FT

Business Description

This business is the leading flooring installation company in the northeast when it comes to sport flooring. Highly niched and well known with long standing reputation of excellence and customer satisfaction. Don't miss this chance to buy one of the great small business success stories with a tremendous customer list along with their GSA designation. They are also one of the leading installers for the top manufacturers of wood, rubber, and sport performance flooring.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: New Jersey
County: Bergen

Company Information

Year Established: 1965
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 16 FT

Financial Information

Asking Price: $4,000,000
Gross Revenue: $11,290,528
Cash Flow: $1,434,953
FF&E: $479,016
Inventory: $475,856
Seller Financing Available: No

Property Information

Facilities:

The company leases an office and warehouse facility. They are conveniently located in the NY metro area and can cover 4 states currently.

Growth & expansion opportunities:

With a new owner, the company can take advantage of the growth opportunity that exists in the local and regional market. Plus, the business is a certified reseller and installer of some of the leading manufacturers' products and this will continue to grow.

Competition:

The business has a competitive advantage because of it's long history. Local competitors can't compete because of how hard it is to break into the sport flooring space. Take advantage of the tremendous contacts and bid opportunities this business gets daily. This business won't be on the market long. Act now!

Reason for selling:

Ownership is seeking a larger industry flooring company or private buyer to help position the company for future growth. This is a family business and the senior partner will be retiring after a transition. So, this is the right time for new leadership to come in and take the company forward. It's a great opportunity for someone in the flooring industry or private equity looking to add to their portfolio of service offerings.

Support & Training:

Will train for 4 weeks @ no cost This business has a high barrier to entry so they are well positioned to grow in the near future with a new buyer. The business works with unions and government for some of their jobs. They are the leading dealer of sport flooring in their territory.

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Business Listed By:

Daz Connell

Murphy Business Brokers