Florida B2B Flooring

Business Description

For sale is a 24-year-old B2B flooring company that serves residential builders in West Central Florida. They work on thousands of houses per year and offer tile, wood, laminate, vinyl and carpet options with revenue fairly spread out across the categories. The company has partnerships with 7 major builders in the region.

The owner is looking to retire after a long successful run in the business. He currently has has minimal involvement in day-to-day operations (only doing the Accounts Payables) and his daughter runs the bulk of the business. She will stay on with a with a buyer to help for 6 months post closing.

The business has been pre-approved for a SBA loan for a qualified buyer.

Financial Overview

Asking Price: $2,200,000

Revenue: $14,893,331

Income: $877,540

Multiple: 2.3x

The listing is either pending or closed so the NDA cannot be signed