Hot Listing

Established Flooring Distribution Business / Wilmington North Carolina

Sale Pending

Asking Price$595,000

Cash Flow
$206,473

EBITDA$202,585

Gross Revenue$1,167,576

Inventory$40,000
Included in asking price
FF&E$60,000
Included in asking price
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Hot Listing

Established Flooring Distribution Business / Wilmington North Carolina


Sale Pending

Asking Price$595,000

Cash Flow
$206,473

EBITDA$202,585

Gross Revenue$1,167,576

Inventory$40,000
Included in asking price
FF&E$60,000
Included in asking price

Seller Financing Available
Business Description
Profitable Flooring Distribution Business with Good Cash Flow
This well establisher flooring distribution business located in Wilmington North Carolina has been serving the flooring industry for almost three decades. They provide high quality flooring products to a diverse customer base consisting of contractors, businesses, and homeowners through both a retail storefront and a robust e-commerce platform, serving customers across all 50 states and select international markets accounting for 38% of sales. The broad range of products include specialized tools, adhesives, removal machinery, rubber base products, as well as custom rug fabrication services. The business operates from a 6,000 sq. ft. facility in Wilmington featuring a designated showroom, offices, and fabrication space. This is an excellent opportunity for someone wanting to own a successful growing business in the Wilmington NC area.
About the Business
Years in Operation
29
Employees
2
Facilities & Assets
The business operates from a 6,000 sq. ft. facility featuring a designated showroom, offices, and fabrication space.
Market Outlook / Competition
The market is excellent in Wilmington due to the continued growth of coastal North Carolina.
The business has competitive advantages over the competition due to:
? Lack of Local Presence: Competing providers lack a physical footprint in Wilmington, which restricts their delivery speed and local
service capabilities.
? Local Loyalty: The company benefits from proximity, speed, and long-standing contractor relationships.
Opportunities for Growth
There is unlimited growth potential with the consistent building and remodeling of of homes and business in the Wilmington and surrounding areas of coastal North Carolina as well as ever expanding of online sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$6,500.00 per month
Lease Expiration
12/31/2025
About the Sale
Seller Motivation
Owner is retiring
Transition Support
The seller will work with a new owner for a determined period of time to ensure a smooth transition
Financing Options
Owner will consider seller financing for a qualified buyer.
Listing Info
ID
2386967
Listing Views
1161

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Business Listed by: Ken Puryear VR Business Brokers

Listing ID: 2386967 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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