Status as of Nov-19-2008 at 06:03 PM: Active
2007 revenues $52+ million; $8.0+ million adjusted EBITDA. Rapidly-growing best-in-class platform ready for next level of management to identified new markets and expansion through acquisition. The company provides value-added B-to-B design, product, fabrication and installation services of flooring, countertops, cabinets and window fashions. Products include granite, marble, tile, stone, custom rugs & carpet, wood, vinyl and laminate. Products are installed in new homes, as well as new and renovated multi-family apartments. The company has gained market share despite a decrease in new housing starts. Improvements to management and sales personnel focused on operating efficiencies and new market opportunities all combined to significantly increase sales and profits. The company is well-positioned for the next level of growth. Additional growth can be realized with three to four new sales personnel, expansion into new markets and products already identified. Favorable long-term population growth in the company’s home markets will maintain strong demand. There are profitable segments of the core markets the company has not yet approached. Management estimates that these initiatives can add approximately $30 million to sales. Acquisition targets have been identified and can be adapted to the company’s high-margin operating model.
| Industry: |
Flooring Contractors For Sale Construction Businesses For Sale |
|---|---|
| Location: |
Mountain States Businesses For Sale United States Businesses For Sale |
| Other: |
Companies For Sale |
| Sector: | Construction |
|---|---|
| Industry: | Flooring Contractors |
| Classification: | United States // Mountain States |
|---|
| Sales: | Between $50 Million And $100 Million |
|---|---|
| Profits: | Between $5 Million and $10 Million |
| Profit Type: | Cash Flow |
| Fiscal Year: | 2007 |
| Asking Price: | Over $20 Million |