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High Profit "Commercial Flooring Company" (Cash Sale) Dallas, Texas

Dallas County, TX
listing image
Asking Price:$3,300,000
Gross Revenue:$4,900,000
Rent:$10,000/Month
Real Estate:$2,000,000
Cash Flow:$1,200,000
Inventory:$150,000
FF&E:$1,250,000
Established Year:1968
Listing ID: 2096559Listing provided by BizBuySell
BUSINESS DESCRIPTION

*Seeking an Owner/Operator and a "Cash Buyer" for this amazing Opportunity!

Price Reduction!

**Buyer can buy the 14,800 SF Commercial Warehouse for $2 MM. Seller has been offered $2.2 MM for the 14,800 SF warehouse property!

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 55 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.

DETAILED INFORMATION
Location
Dallas County, TX
Inventory
Included in asking price
Real Estate
Owned
Building SF
14,800
Lease Expiration
31/12/2026
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business operates out of a 14,800 SF warehouse based in large metropolitan area in Texas. There is more than adequate space for future growth. Seller currently sublets a small portion of space for extra company income. Since much of the work is performed by 1099 subcontractors and 1099 installers, the warehouse has plenty of space available. Product is normally purchased many months ahead of installation to get best price available using client's resources. This option is given to it's client.
Competition
This is a solid company with over $4.9 MM revenues (contracts) in 2023. . Seller states there are $4 MM/$5 MM in revenues (contracts already in place for 2024). Gross Profit Margins are generally in the 33% range. There is some customer concentration (by Sellers choice) but can be diversified if Buyer chooses.
Growth & Expansion
The Seller feels that the organic growth by existing customers is strong because of its diverse customer base. By adding additional sales staff, it can be further enhanced.
Financing
*BUYER MUST PROVIDE WORKING CAPITAL REQUIREMENTS($500 K). NO SELLER FINANCING!
Support & Training
Seller will provide training and support for a negotiated period of time (at no cost) to Purchaser to ensure a smooth business transition. * The Seller is requiring all "Buyer Prospects" provide proof of funds by sending a personal/business financial statements, or other securities demonstrating they are Qualified Buyers" before the proprietary package is released.
Reason for Selling
Seller Retirement
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Steven
Denn
The Steven H. Denn Company
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Steven Denn
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