Brevard County tbd, FL 12345

Property Details for 0 Brevard County

Property type

Commercial real estate

Description

This thriving wholesale flooring distributor, established in 2016, presents a unique investment opportunity in Brevard County, Florida. Generating $1,194,901 in total sales and $196,280 in cash flow in the past year, this business specializes in high-quality engineered hardwood and luxury vinyl flooring, including a proprietary, patented Quartz PC (QPC) product with superior durability and aesthetics. The business leverages a third-party logistics (3PL) provider for warehousing and distribution, offering flexibility for future relocation. Currently operating from a 1,800 square foot leased space (half office, half warehouse) in a desirable industrial park, with a lease expiring November 30, 2024, and monthly rent of $1,835. The asking price is $799,000, which excludes the $26,000 in furniture, fixtures, and equipment (FFE) and $863,193 in inventory. The business benefits from exclusive marketing rights for QPC in Florida and the Southeast, and the parent company offers potential for expanded product lines. Significant growth opportunities exist through e-commerce expansion, increased territory coverage, and enhanced marketing strategies. The owner is semi-retiring and will provide training and support to the new owner, potentially staying on for a transition period. This business is ideally positioned to capitalize on the booming construction and remodeling markets, with a highly differentiated product offering and strong potential for increased market share. The North American wood flooring market is valued at nearly $7.4 billion, with a projected compound annual growth rate (CAGR) of 2.4% from 2023-2030, and the LVP market is projected to reach $6.5 billion by 2030. This business is uniquely positioned to benefit from these market trends.

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City

tbd

County

State

Florida