Annual Revenue: $3,198,708
Net Cash Flow: $525,741
Location: New Jersey
This is a Flooring Company located in Central Jersey and has been servicing the tri-state residential and commercial market for over 40 years. It has a growing team of dedicated professionals experienced in flooring installation, design, and performance. An excellent relationship with top commercial vendors enables them to competitively service all segments of the commercial market.
The company is part of a large buying group that enables it to provide high-margin private labeled products to customers. It has grown from being a primarily residential dealer to include commercial business with a large contract base.
They enjoy the relationships that they have built over the past 4 decades and to that end have a consistent base of recurring revenue. The company prides itself on excellent service and the consistent financials indicate that clients have rewarded their top-notch customer experience.
The owners are looking to retire; however, they are willing to support the transition in a decreasing capacity for up to 3 years.