Legacy Flooring Dealer with Thriving Kitchen & Bath Remodeling Business
Non-Disclosure & Confidentiality Agreement Link
Location: Two Eastern Iowa Locations
Date Established: 1974
Under Current Ownership Since: 2001
Background:
Two established, full-service residential design and home improvement businesses that have built a loyal customer base and strong community reputation over 25 years of local service. The companies operate comprehensive design studios and showrooms specializing in kitchen, bath, and flooring products, and offer a wide range of materials, professional design consulting, and project support services.
Key Business Highlights:
- Full-Service Design & Material Provider: Offers expert design services and product selections for kitchen and bathroom remodels, including cabinetry, countertops, hardware, lighting, and flooring options.
- Extensive Flooring & Surface Product Lines: Well-stocked inventory of flooring materials — hardwood, tile, carpet, luxury vinyl, laminate — along with cabinetry and countertop products to serve complete home renovation needs.
- Professional Interior Design Support: On-staff design specialists guide homeowners through selections, blending style and function to deliver customized solutions.
- Install & Project Services: Offers or facilitates installation services and consults on full project execution, including subcontractor coordination for seamless customer experiences.
- Strong Local Brand Presence: Family-owned roots with decades of presence in the community, backed by strong referral business and repeat customers; recognized locally for quality service and personalized attention.
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Financing Options Available: Established financing partnerships help customers stay within budget and increase project upselling opportunities.
These businesses are positioned in a growing home improvement market with diversified revenue streams — design services, product sales, and installation support. The combined offerings create a one-stop shop for homeowners and contractors alike, fostering long-term customer relationships. With well-developed branding and operational processes in place, this opportunity suits a strategic buyer seeking to expand an existing footprint or an entrepreneurial owner-operator ready to take a proven business to the next level.
Financial Highlights:
- 2025 Total Gross Sales: $3.87MM
- 2024 Total Gross Sales: $4.58MM
- 2023 Total Gross Sales: $5.79MM
- 2022 Total Gross Sales: $5.67MM
Minimum Business Asking Price: $650,000
Includes:
- $425,000 in FF&E
- $300,000 to $500,000 in inventory
- All Working Capital AR/AP, WIP
- Does not include cash on hand
- Seller is willing to finance 20% of the purchase price for 5 years
Commercial Properties:
Location #1:
- Approx. 15,000 sq. ft. retail, office, and warehouse space.
- Seller's estimated property value: $789,000*
- Lease Terms: $75k annually plus taxes, insurance, grass/snow with option to buy
- *Not included in asking price.
Location #2:
- Approx. 1,700 sq. ft. retail and design space.
- Leased monthly at $2,450
- Lease expires 9/31/2028, fully transferable
- 3% increase annually
Competition:
- Fully equipped, ready-to-run businesses primarily differentiated by service level, design expertise, and product selection.
Reason for Selling:
- Retiring
- The Seller is willing to stay for a commission-only sales role
Next Steps
Qualified buyers who complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including:
- Staffing List
- Location Information
- Website Information
- Social Media/Online Presence
- Location Photos
- Next Steps
Non-Disclosure & Confidentiality Agreement Link
The Seller is advised by Marigold Resources in Davenport, Iowa.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com
