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Carpeting and Flooring Company Fraser Valley East

Carpeting and Flooring Company, located in the Eastern Fraser Valley, started as a family-owned business in 1992 and still remains a family-owned business today. The business was acquired in 2016 with the intent of keeping the company’s high standing in the community. Today, they carry a wide selection of products from flooring, paint, and window treatments. This established retail store continues to offer superior service and products to its clients.

Carpeting and Flooring Company has implemented software that enables tracking jobs, inventory, finances, outstanding payables, and schedules remotely at any time. They have created a website that allows customers to easily access and browse all of their supplier’s products, and specs, directly from their websites and virtual showrooms.

PRICE: $193,500
REVENUE: $839,414
PROFIT: $58,149
PROFIT TYPE Discretionary Earnings
LISTED BY: Scott Mckenzie
LOCATION

Located on the main street with public exposure

FINANCIAL INFORMATION
REVENUE: $839,414
EBITDA: $58,149
SELLER FINANCING:
PRICE: $193,500
ASSETS
YEAR ESTABLISHED: 1992
INVENTORY: Inventory is approximately 15,000
ACCOUNTS RECEIVABLE:
FF&E:
REAL ESTATE INCLUDED:
REAL ESTATE PRICE:
FACILITIES:
LEASE TERMS: Lease expires in April 2025
ADDITIONAL INFORMATION
REASON FOR SELLING: Other commitments
RELOCATABLE:
NO OF LOCATIONS:
EMPLOYEES: 2 full-time and 3 part-time
MANAGEMENT TEAM:
TRAINING PERIOD:
GROWTH POTENTIAL

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