Flooring Product Manufacturer & Sales Agency

Description:
The Company is a flooring product manufacturer that manufactures and imports product as well as represents a variety of flooring manufacturers, importers, and home furnishing businesses. The Company provides its clients with extensive product knowledge, experience, and sales support.

Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 9.4% and 9.0%, respectively, from 2022 through 2024.
• The Company maintained impressive average gross profit and adjusted EBITDA margins of 74.3% and 23.1%, respectively, from 2022 through 2024.
• The Company has exclusive representation agreements in place with 21 flooring manufacturers.
• The Company's sales representatives and agents have deep product knowledge and experience.

Opportunities:
• Increase production, inventory, sampling, and marketing of the Company's products to drive sales expansion.
• Expand the rugs product line to increase margins.
• Bring in additional exclusive manufacturer representation agreements.
• Expand importing, manufacturing, and reselling of additional flooring products.
• Capitalize on the Company’s nationwide representation expansion.

Headquartered:
• Northeast, US

Current Markets:
• The Company’s clients include flooring retailers, flooring contractors, and to-the-trade showrooms for residential and commercial projects.
• Additionally, the Company supplies flooring products to architecture & design (A&D) firms, hospitality end-users, and hospitality purchasing companies across the United States and internationally.

Real Estate:
• The Company operates from two facilities - Northeast and Southeast, US - totaling 2,100 sq. ft.
• Both facilities are leased from unrelated third parties.

Shareholder Ownership:
• The Company is wholly owned by a single shareholder who is seeking a buyer who can support the Company’s continued growth.
• The owner is open to staying on under new ownership and is open to different deal structures.