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Resin and Specialty Flooring Contractor

Our firm currently represents a well-established and profitable flooring contractor specializing in resin seamless coatings, stamped concrete and acid staining. Primarily serving the industrial (44% of revenue), hospital and pharmaceutical (30%), and residential (18%) markets, the company completes approximately one dozen projects per month. Posted 2008 EBITDA of $347,242 on sales of more than $2.7 million. Management has initiated efforts to increase margins on materials and bid projects with a minimum target of 10% net profit. The company generates 100% of revenue via customers located in the Southeast U.S., primarily in Georgia and the Carolinas. Estimates attribute approximately 75% of projects to renovation work, while the remaining 25% is in new construction. Since 2005, the company has focused on developing installation techniques that cater to the hospital market, which the firm has identified as a significant growth market and continues to actively pursue.