Seeking "Investor/Partner" in Commercial Flooring Co., Dallas,Tx(Cash)
Business Description
* Seeking Investor/Partner! "Company' is based in the Dallas area!.
** Commercial 14,500 SF Warehouse is available to acquire for $2 MM that "CAN" be included in the Investment if desired. The Commercial Warehouse is currently being leased by the Owner.
*** ONLY SERIOUS AND FINANCIALLY QUALIFIED CANDIDATES PLEASE!
This business opportunity offers full-service commercial flooring installation/distribution located in Texas; providing highest quality products and services to their customers all across the United States.
They distribute and install top quality Vinyl Plank, Wood, Tile, Porcelain, Cork, Ceramic, Carpet, Bamboo and Granite Counter Top products in Commercial, Multi-Family/Apartment/Senior Living Centers, Healthcare, Hospitality and Retail construction.
The company has a heritage of craftsmanship that spans about 57 years (established in 1968). Their enduring family of mills and brands are widely regarded as the most trusted names in the commercial flooring business. Together, they function beautifully; delivering the perfect flooring solution for all markets and price points.
** Commercial 14,500 SF Warehouse is available to acquire for $2 MM that "CAN" be included in the Investment if desired. The Commercial Warehouse is currently being leased by the Owner.
*** ONLY SERIOUS AND FINANCIALLY QUALIFIED CANDIDATES PLEASE!
This business opportunity offers full-service commercial flooring installation/distribution located in Texas; providing highest quality products and services to their customers all across the United States.
They distribute and install top quality Vinyl Plank, Wood, Tile, Porcelain, Cork, Ceramic, Carpet, Bamboo and Granite Counter Top products in Commercial, Multi-Family/Apartment/Senior Living Centers, Healthcare, Hospitality and Retail construction.
The company has a heritage of craftsmanship that spans about 57 years (established in 1968). Their enduring family of mills and brands are widely regarded as the most trusted names in the commercial flooring business. Together, they function beautifully; delivering the perfect flooring solution for all markets and price points.
About the Business
- Years in Operation
- 57
- Employees
- 5
- Facilities & Assets
- The business operates out of a 14,800 SF commercial warehouse based in a larger metropolitan area with over 7 million people in North Texas. There is more than adequate space for future growth. Seller currently sublets a small space to generate extra company income. Since almost all of the work is performed 1099 subcontractors and 1099 installers, the warehouse has plenty of space available.In many cases, the product is purchased and stored (at no cost to client)many months ahead of installation to get best price available using the client's resources.
- Market Outlook / Competition
- This is a solid opportunity to Invest/Partner. Owner also has booked $4 MM/$5 MM (contracts) in place for 2025. Gross Profit margins are in the 32/33% range for the past several years. There is some customer concentration (by Seller's choice) that can be diversified if Buyer chooses. Contracts are large contracts over $1 MM so it doesn't require many jobs every year for the Seller to be satisfied.
- Opportunities for Growth
- Owner feels that organic growth by existing customers is strong because of it's diverse customer base. Owner has added an additional salesman, and he feels can be further enhanced with additional sales people. Seller is looking for additional capital in order to grow the company and to cover debt service.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 14,800
- Rent
- $10,000.00 per month
About the Sale
- Seller Motivation
- Owner is seeking Investor/Partnership
- Transition Support
- *Owner is requiring all "Investor/Partner Prospects" to provide proof of funds by personal/business financial statements, or other securities statements demonstrating the ability to close on this "all cash" deal.
- Financing Options
- Owner is looking for Investor/Partner to invest to fuel current/future growth
Listing Info
- ID
- 2140334
- Listing Views
- 4609
Listing ID: 2140334 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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