“Very skillful in overcoming unexpected challenges.”

Zuhair Qazi
President, Sober Clarity


“Vasilis worked tirelessly to maximize the price of my business and helped protect my interest. ”

Robert Gutierrez
CEO, Brightstar Care Thousand Oaks


“CrossRoads accomplished what two other Brokers before couldn’t. Very professional and skilled in negotiations.”

Jeffrey B. Meltzer
President, Universal Hardwood


“Confidence without ego. impressive knowledge and diverse experience. Solid results quickly.”

Steve Traino
President, Candy Direct, Inc.


“Professional and efficient services with timely information flow.”

George Koutures
President, AMBCO Electronics, Inc.


“An unmatched ability to forge a solid alliance between the parties in a win-win approach.”

Dov Lazarus
President, One Stop Undercar


“Highest professional standards in positioning and promoting the sale of my business.”

Jason Moore
President, Alexis Services, Inc.


“In my 30 years in Commercial Banking, CrossRoads ranks among the best.”

Barry Katz
Vice President, SBA Lending Community Bank


“Finding a Buyer for my size business was like finding a needle in a haystack. CrossRoads did it!”

Tafa Jefferson
CEO Amada Senior Care


“Solid selling process that produced results in a tough market. Highly recommended.”

Kitty Meyers
Owner, Synergy HomeCare Inland Empire


“If there are Buyers out there, the CrossRoads process will find them. They did for my business.”

Dan Goodman
CEO, Eilatan, Inc.


“CrossRoads did an impressive job representing my business. They actually do what they say they will!”

Jack Winn
Owner, Jack Winn Salon


“If you are looking to sell your business, Vasilis Georgiou is the choice: The right knowledge and temperament that get results”

Nayda Poblete
President, Home Instead Costa Mesa


“Very efficient and detail oriented approach. CrossRoads made the transaction smooth and handled every step.”

Lolita L. Cruz
Owner, Comfort Keepers Laguna Niguel


“The service went above and beyond. Made the process stress free”

Kelleen Corfield
Buyer, Comfort Keepers Laguna Niguel


“Smooth sales process and transition. CrossRoads’ extensive knowledge and experience was a great help!”

Jim and Yuko Fletcher
Owners, Home Helpers Senior Care, Laguna Hills, CA


“Mr. Georgiou’s professionalism and calm encouragement made all the difference in the world!”

Kelly Dunn & Nancy Bever
Owners, Caring Matters Home Care


“Thank you for all your diligence and hard work! It would not have happened without you!”

Denis Royer
President, Carpet Club


“Informative, honest, steady, professional, and always supportive. Great Guide.”

Mary and Larry Farmer
Owners, Right at Home of Albuquerque


“Diligent, obviously very experienced. Results-oriented.”

Bruce Sobol
CEO, Brentwood Electrical Contractors


“Vasilis and CrossRoads earned my respect and appreciation and I would recommend him to anyone looking for a Business Broker.”

Dane Gibson
Owner, Amada Senior Care of Roseville


“I'm grateful to have found CrossRoads, and I recommend them wholeheartedly.”

Remy C. Rippens
Owner, Clavel Home Care


“Vasilis Georgiou was the ultimate professional throughout the sale of my business. A+ rating for CrossRoads. And I mean it. :)”

Carol Boettcher
Co-Owner, SpeakerPower, Inc


“Vasilis is a Master of the business sale process. He earned his fee many times over. Best move I could have made.”

Brian Oppegaard
Co-Owner, SpeakerPower, Inc.


“Vasilis “talked me off the ledge” several times along the way with his graceful support. I happily recommend him to anyone who wants to sell their business."

Doug Garrett
President and CEO of Garrett Engineers, Inc.


“We highly recommend CrossRoads and Vasilis. You need an experienced and knowledgeable person to guide you and Vasilis Georgiou is that person!"

Bill and Donna Hoover
Owners, Care4You In Home Care


“CrossRoads made the process very comfortable for us despite making a decision of enormous importance."

Jeff and Reem Hufnagel
HWC Yorba Linda


“CrossRoads worked with efficiency and professionalism and I would highly recommend their service."

Scott Kaeser
EVP, UAS, Buyer of CitiGlobal


“Trustworthy, patient, and responsive. We highly recommend CrossRoads."

Michael and Lori Renaud
Acti-Kare


“CrossRoads is an amazing resource. Highly trusted in complicated situations."

Tarun Bhardwaj
Buyer, Acti-Kare


“Produced results very efficiently and timely. We highly recommend CrossRoads."

Tim Hatamian, CEO
Pacific Lighting & Energy Mgmt. Co.


“I wholeheartedly endorse and recommend Crossroads Business Brokers as the go to brokerage professionals."

Michael S. Robirds, Owner
Amada Senior Care


“Your deal process and handling of the transaction was top rated."

Peter Chen, CEO
EJK Products


“You have been fantastic to work with and I’d recommend you to anyone looking to buy or sell."

James Cote & Patrick Vollmer, Principals
Alternative Molding Concepts


“Thorough and made the experience easy. You were there anytime we needed you."

Bob Purkiss, President
Visiting Angels Lindsay, CA

Successful Wholesale Flooring Distributor_Ecommerce in Brevard County FL

Melbourne, FL

Price: $799,000

Cash Flow: $196,280

Total Sales: $1,194,901

EBITDA: N/A

FFE: $26,000

Inventory: $863,193 *

Monthly Rent: $1,835/mo

Year Established: 2016

*not included in asking price.

DESCRIPTION:

This is a great opportunity to get involved and monetize in the construction industry, which is booming, especially in Florida.  Additionally, flooring is a great sector and nicely diversified due to the demand being driven by both new construction and the R&R (remodeling & renovation) market.

This is an established and successful wholesale flooring distributor, part of a Parent Company, that offers high quality wood flooring and high-end luxury vinyl flooring to retail businesses throughout Florida, and other areas in the Southeast and Northeast.  The business is very efficient, utilizing a 3PL for their warehousing and distribution functions and allows the future buyer to have the flexibility to move to an alternate location, if desired. 

The Business currently has multiple lines of flooring within the categories of Engineered Hardwood Flooring and Rigid Core Luxury Vinyl.  The Luxury Vinyl features a Rigid Core product that is unique in that their trademarked Quartz PC (QPC) qualifies as an AC5 (highest durability) and no other vinyl product currently would qualify.  The QPC because of its patented finishing process has the highest clarity (real wood look) of any vinyl flooring product, and because of its finish thickness and stability process it has zero exposure to claims for hydrostatic pressure deformations that many other Rigid Core vinyl products are facing.  Additionally, the product is highly scratch resistant, burn resistant, stain, and slip resistant. The Business has exclusive marketing rights for Quartz PC in Florida and the Southeast.

The Parent Company (which is not for sale), has also partnered in the development of a cutting-edge product called CRC or Cement Resin Core, which is patent pending. The Parent Company could convey the marketing availability for inventory sales in the region to the new owner of the Business.   

In 2023 the Company developed a marketing strategy for using E-Commerce to expand the reach of its products.  The Company has a loyal customer base that opens tremendous opportunities in their newly created E-Commerce platform along with their recent growth into other regions.  Potential Buyers can also achieve a considerable increase in market share through a strong social media marketing program along with hiring more independent sales representatives in new markets.  

According to Grandview Research, the North American Wood Flooring Market in 2022 was estimated at nearly $7.4B, and the CAGR from 2023-2030 is expected to be 2.4%. 66% of this market is in engineered wood flooring, the primary product offering of the Company. Wood Flooring is considered an “upsell” in most market tiers, and consistent quality, durability and beauty are the features driving consumer decisions.  The Company has an acknowledged expertise in this market segment. The current shortfall in total housing units available in the United States is driving ongoing construction of both single family and multi-family structures throughout the country. The existing home remodeling industry is growing at a similar pace as well. The largest market share of engineered flooring continues to be white oak, sourced primarily from European forests, and the Company has developed excellent, reliable sources for this specific wood flooring.

There are 13 major distributors in North America with national footprints in the USA or Canada. The Company has ongoing relationships within this group, as well as relationships in second-tier companies with regional market footprints. The Luxury Vinyl Plank (LVP) segment of the Vinyl Flooring Market in the United States was valued at USD 3.3B in 2021, registering a CAGR of 6.00% during the forecast period (2023-2030), and the market is projected to be worth USD 6.5B by 2030.  The Business has positioned its proprietary Quartz PC (QPC) vinyl product perfectly to take advantage of consumer desire for durability and beauty and has attracted interest and strong sales growth throughout their dealer territory.

LISTING DETAILS:
Total Sales: $1,194,901
Cash Flow: $196,280
FFE: $26,000
Inventory: $863,193
Inventory Included: No
Reason For Sale:

Semi-retirement.

Training & Support:

Training provided, if interested, owner willing to stay for period of time

OPERATION:
Year Established: 2016
Employees: 1-Office & 1-Warehouse
LOCATION:
Monthly Rent: $1,835/mo
Type of Location: Leased
Square Footage: 1,800sf (half office & warehouse) & 3PL (third party logistics)
Facilities Information:

Operates in a nice industrial park with product distribution through 3PL

Lease Expiration: Nov. 30, 2024

SUMMARY:
Competition:

Highly differentiated business

Potential Growth:

E-Commerce, Expanded territory, & Marketing

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Jeff Smith

Phone: 407-509-5200
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.