Established 98-Year Floor Covering Business, SBA Eligible

Carpet store for sale

Asking price

$429,000

Revenue

$1,208,685

Cash flow

$234,965

About this business

This is a full-service floor covering business that has furnished and installed flooring for residential and commercial customers for nearly a century. The business sells and installs LVT, cork, rubber, and carpet, serving customers across a broad tri-state region. All installation work is performed by experienced 1099 contractors who carry their own insurance, keeping overhead lean and operations flexible.

The business was founded in 1929 and is now in its third generation of family ownership. The owner reports that virtually all new customers come through referrals and word of mouth, and that churn is essentially zero, with many returning customers accounting for a meaningful share of revenue each year. Top accounts include property management companies, institutional clients, and contractors, with no single customer representing an outsized concentration risk. Revenue has held above $1.2M annually across recent periods, and the owner notes there is significant untapped upside in marketing to property managers and interior designers, channels the business has not actively pursued in years.

The owners are committed to a smooth handoff and are willing to stay on for six to twelve months to train a new owner. The owner has also expressed openness to remaining part-time as an estimator or consultant after the sale. The business owns its real estate, which is not included in the deal, and operates out of a showroom the owner describes as among the finest in the region.

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