Residential Flooring Business with SBA-Approved Financing and Strong Local Presence

Building & Construction
Charleston County, SC
Asking Price:
$5,500,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

Operating since 2010, this residential flooring company has cultivated a solid reputation within its community, supported by a high-visibility showroom in an active area of Charleston County. The business focuses exclusively on residential flooring, delivering exceptional installations through a skilled team committed to quality and customer satisfaction. Positioned in a stable regional economy with growing population and median household incomes above the state average, it leverages steady demand driven by ongoing housing activity. The presence of an experienced general manager allows for operational continuity, providing a foundation for a smooth ownership transition. Financing is facilitated by SBA approval, aligning with buyers seeking a well-structured acquisition in a resilient sector. While the company currently specializes in flooring, potential exists to broaden offerings to adjacent residential services and extend reach into expanding neighborhoods throughout the region.

Facilities & Infrastructure

  • Leased showroom space in a high-traffic location
  • Fully equipped with essential flooring installation tools
  • Inventory included valued at $15,000
  • FF&E valued at approximately $10,000

Property Highlights

  • Prime location ensures consistent foot traffic and customer visibility
  • Operational setup supports efficient project execution and client consultations

Key Business Facts

Cash Flow
$1,081,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$4,426,155.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$10,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2010
Employees N/A
Inventory
Included in asking price
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
N/A
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) 3.38%
U.S. Avg. +4.1%
Median Household Income $84,320
U.S. Avg. $74,600
Median Age 39.00
U.S. Avg. 38.9
Bachelor’s Degree+ 49.03%
U.S. Avg. 38%

Economy

State GDP $266,037M
U.S. Avg. $28.8T
GDP YoY 3.67%
U.S. Avg. +2.4%
Unemployment 2.46%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 477
U.S. Avg. 380
Property Crime / 100k 2243
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Opportunity to expand services into additional residential home improvements
  • Potential to increase market penetration in emerging neighborhoods with housing growth

Operation & Support

  • Owner committed to providing a comprehensive 4-week training period
  • Business holds all required licenses and permits
  • SBA-approved facilitating access to financing
  • Leased property provides operational flexibility
  • Ownership transition motivated by opportunity to reduce travel commitments

Lifestyle Fit

  • Ideal for buyers seeking a financially stable, community-rooted business
  • Moderate management involvement encouraged due to established team and systems
  • Best suited for owner-operators focusing on strategic oversight
  • Semi-absentee management possible with strong team in place
  • Attractive for entrepreneurs aiming to diversify or add to existing holdings

Process & Next Steps

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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