Sector information: parquet business

There are different types of parquet stores or stores specializing in parquet flooring and floor coverings. Here are some common types of parquet stores:

• Parquet stores: These stores specialize in parquet flooring, including hardwood parquet, laminate parquet and solid wood flooring. They offer a wide range of flooring materials, finishes and patterns.
• Tile and flooring stores: In addition to parquet flooring, these stores also sell ceramic tiles, floor coverings and other flooring materials. They often offer a variety of options for different rooms and applications.
• Woodworking stores: Some woodworking stores may specialize in making custom parquet floors. They offer unique designs and wood species for customers looking for personalized flooring solutions.
• Sustainable flooring stores: These stores focus on sustainable and eco-friendly flooring materials, such as recycled woods, bamboo flooring and flooring with eco-friendly finishes.
• Wholesalers of flooring materials: Wholesalers sell flooring materials to construction companies, contractors and other retailers. They can supply parquet flooring as well as other types of flooring in bulk.
• Do-it-yourself (DIY) flooring stores: These stores cater to consumers who want to install their flooring themselves. They often offer advice, instructions and supplies for home improvement projects.
• Floor maintenance and renovation stores: these stores offer products and services for the maintenance, repair and renovation of existing floors, including parquet floors.
• Online flooring stores: In addition to physical stores, there are numerous online stores offering parquet flooring and flooring materials. Customers can order products online and have them delivered.

What to look out for when buying a flooring store

When acquiring a parquet business, there are several important factors to consider to ensure that the transaction is successful:

• Customer base: Analyze the parquet store's customer base, including customer loyalty, demographics and buying behavior. Understand how to maintain and expand customer relationships after acquisition.
• Competition and market position: Research the competition in the flooring and parquet market. Identify the market position of the parquet business and consider how to differentiate yourself from the competition.
• Location and lease: If the parquet store has a physical store, review the location and lease. Make sure the location is suitable and the lease terms are favorable.
• Staffing and expertise: Assess the existing workforce, including salespeople, installers and support staff. Make sure you have the necessary skills and expertise to continue the business.