Heritage Carpet & Tile, LLC

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Heritage Carpet & Tile, LLC - overview

Established

1983

Location

Boynton Beach, FL-Florida, US

Primary Industry

Construction

About

Heritage Carpet & Tile, LLC specializes in high-quality flooring solutions, offering a wide variety of carpets and tiles to enhance both residential and commercial spaces, with a focus on durability and ease of maintenance. Heritage Carpet & Tile, LLC, founded in 1983 in Boynton Beach, US, provides flooring solutions through direct-to-consumer sales. The firm was acquired by Artisan Design Group in June 2019, though specific financial terms were not disclosed. The CEO is Randy Smith.


Heritage Carpet & Tile specializes in providing high-quality flooring solutions, including a diverse range of carpets and tiles designed to enhance residential and commercial spaces. The company offers products that cater to various aesthetic preferences and functional requirements, focusing on durability and ease of maintenance to meet the needs of homeowners, contractors, and businesses. Their skilled project specialists work closely with clients to facilitate the selection and installation process, ensuring that each product aligns with the customer's vision and specifications. Heritage Carpet & Tile serves a broad client base, having positively impacted over 135,000 homes, and markets its offerings across multiple geographical regions, specifically targeting suburban and urban areas where home renovation and commercial development are prevalent.


Heritage Carpet & Tile generates revenue primarily through direct sales of its flooring products, complemented by professional installation services. The company's transactions are structured around direct-to-consumer sales, where customers engage with project specialists to curate a personalized flooring solution tailored to their needs. Clients may choose to purchase carpet and tile products outright or opt for bundled packages that include installation services. While specific pricing details for individual products or services are not disclosed, the company's offerings are designed to cater to a wide range of budgets, making them accessible to both individual homeowners and larger commercial projects.


The firm’s emphasis on customer satisfaction and quality service enhances its market position and drives repeat business, contributing to its overall revenue stream. Heritage Carpet & Tile plans to leverage recent funding from the acquisition by Artisan Design Group to expand its product offerings and enhance customer experience. They are focusing on introducing new flooring designs in the upcoming fiscal year to meet varying customer needs. Targeting expansion into emerging suburban markets across the southeastern US by 2025, the company aims to increase its market presence and continue supporting home renovation trends.


Current Investors

Artisan Design Group Holdings, LLC

Primary Industry

Construction

Sub Industries

Construction, Wood/Hard Products

Website

www.heritageflooring.com

Company Stage

Add-on

Total Amount Raised

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Heritage Carpet & Tile, 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)
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Heritage Carpet & Tile, LLC - employee data

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