Ohio Floor Moulding & Strip Manufacturer
Ohio
| Asking Price: | $4,250,000 |
| Gross Revenue: | $8,000,000 |
| Rent: | $140,000/Year |
| FF&E: | $600,000 |
| Cash Flow: | $1,400,000 |
| Inventory: | $1,500,000 |
| EBITDA: | $1,100,000 |
| Established Year: | 1972 |
Listing ID: 2261657Listing provided by BizBuySell
BUSINESS DESCRIPTION
A leading manufacturer of floor mouldings and transition strips for the Floor
Covering Industry. Provides a full line of carpet metals, vinyl mouldings, tile
trims, terrazzo divider strips, expansion joints and custom floor designs. It also
designs and manufactures custom frames for terrazzo floors.
DETAILED INFORMATION
Location
Ohio
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
55,000
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
55,000 sq ft Operation divided into Offices, Production Areas with lines of equipment/machinery, Water Jet Cutting & Frame Assembly Area, Powder Coat & Finishing Area, Warehousing Area, Packaging & Staging Area + Dock Areas for receiving & shipping.
Competition
Company is well established in the floor covering industry and serves several major players as long standing customers.
Growth & Expansion
Company is in the process of introducing and developing new products that are anticipated to be very well received + its terrazzo floor design and manufacturing capabilities have yet to be fully capitalized upon.
Financing
Possibly to a small degree.
Support & Training
Experienced staff is in place. Owner/Manager will train/transition or stay on for an agreed period.
Reason for Selling
Retirement + owner recognizes company is poised to be taken over by a more quali
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