Great Floors LLC

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Great Floors LLC - overview

Established

2000

Location

Coeur d�Alene, ID, US

Primary Industry

Retail

About

Great Floors LLC is a flooring company that provides a wide array of flooring solutions, including carpet, hardwood, laminate, and luxury vinyl tile, tailored for both residential and commercial clients. Founded in 2000 and headquartered in Coeur d’Alene, US, Great Floors specializes in flooring products for homeowners and builders. In June 2021, the company was acquired by Artisan Design Group, allowing it to expand its market presence in Washington, Idaho, and Montana, significantly increasing its scale. Great Floors specializes in a comprehensive range of flooring solutions, including carpet, hardwood, laminate, luxury vinyl tile (LVT), tile, and sheet vinyl.


Their core offerings cater to both residential and commercial clients, providing products that enhance aesthetic appeal while ensuring durability and functionality. The company emphasizes high-quality materials and exclusive styles to meet the diverse needs of homeowners, builders, and property management professionals. Great Floors operates across several key geographical markets, including Washington, Idaho, and Montana, successfully serving a wide array of customers from individual homeowners undertaking renovations to large-scale builders involved in new construction projects. Great Floors generates revenue through direct sales of flooring products to consumers and businesses, as well as partnerships with builders and property management companies.


The transaction structure typically involves direct-to-consumer sales, where clients visit showrooms to select their desired flooring products, which can be complemented by professional installation services. Great Floors offers financing options to facilitate purchases, allowing customers to buy flooring now and pay over time. Specific pricing plans for individual products are tailored to meet market requirements, encompassing a range of competitive pricing points that reflect the quality and exclusivity of their offerings. In June 2021, the acquisition of Great Floors by Artisan Design Group aims to establish a new presence in Washington, Idaho, and Montana.


The strategic plan includes expanding product lines and increasing market penetration in these regions. Recent funding will be utilized to support these initiatives, enhancing the operational scale and introducing new flooring solutions to strengthen the company’s footprint in the flooring industry.


Current Investors

Artisan Design Group, LLC

Primary Industry

Retail

Sub Industries

Furniture, Home Improvement & DIY

Website

www.greatfloors.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Great Floors LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGreat Floors LLC-

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