Business Description

A leading manufacturer of floor mouldings and transition strips for the Floor Covering Industry. Provides a full line of carpet metals, vinyl mouldings, tile trims, terrazzo divider strips, expansion joints and custom floor designs. It also designs and manufactures custom frames for terrazzo floors.

Financial Performance

· Annual Revenues in the 7 to 8M+ range

· Adjusted EBITDA/Seller Discretionary Earnings exceeding $1.3M

Why A Great Opportunity – Major Attributes

v Long standing business that was established in the 70s

v Diversified National Customer Base with 2 large major flooring industry customers

v Staff and equipment and vendors in place

v Great growth potential

Reason For Selling: Retirement reasons plus Owner recognizes NMS is now poised to be taken over by a more qualified and funded ownership group accustomed to guiding and managing a $10M+ annual revenue business.

Asking Prices:

Business: $4,250,000 + Inventory at Cost (Seller retains ARs and satisfies all liabilities)

Real Estate: Seeking a Triple Net Lease at $140,000 annually for an agreed term