High-End Flooring Distribution Company

british columbia flooring company for sale

Business Details

Company Profile

Listing ID: VANCOBC002-N500

Location: Metro Vancouver, BC

Type of Entity: Corporation

NAICS: 41432

Industries: Floor Covering Wholesalers and Distributors

Business Highlights

  • Well-established business for decades
  • Exclusive product lines
  • Large variety of inventory of high-end products
  • History of profitability
  • Trained staff with long tenures in place

The company is a distributor of quality hardwood flooring products. It sources high-end hardwood flooring and hardwood products from around the world and carries some exclusive lines of products in its trading area. The company markets and sells its products to high-end retailers, designers, builders, and construction companies in Western Canada and the US.

This is an opportunity for an individual and / or a company to participate in the lucrative distribution business opportunity where your return on invested capital is less than 3 years. It’s a turnkey business providing immediate cash flow and the owner is prepared to help a smooth transition to the new ownership.

Type of Sale: Share Sale

Operational Balance Sheet Inclusive of: Furniture, Fixtures & Equipment / Goodwill / Normal Net Working Capital of $800,000 (Inclusive of Inventory)

BUSINESS ASKING PRICE

$1,100,000

Normalized Financial Summary

YEARREVENUESSDEEBITDA
FYE 2019 $3,847,000 $479,000 $399,000
FYE 2018 $4,011,000 $334,000 $254,000
FYE 2017 $4,426,000 $478,000 $400,000
* SDE - Seller’s Discretionary Earnings
** EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
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Metro Vancouver, BC