Flooring Company - Large Commercial Accounts

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Major Contractor Has Done Famous Work, Shopping Malls, Ongoing Orders!
Asking Price:
$1,995,000

Gross Revenue:
$5,088,000
Cash Flow:
$700,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$300,000
included in asking price

FF&E:
$250,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Residential flooring contractor averaging $5,000,000 gross and $700,000 Sellers Discretionary Earnings (SDE) in 2018.

2019 6 months shows $3,800,000 gross already with approx $390,000 SDE!

Business specializes in many aspects of construction including stone, wood, resilient, carpet, restoration, custom residential and commercial projects.

29 year owner retiring from the business.

21 employees. Contracts with some of the largest commercial projects around.

Price includes inventory.

Well trained staff includes with over 200 years of combined experience in the field. Two project managers plus the owner plus 2 field foremen.

The owner carries a B-1 & a C-15 license and will stay for up to two years.

Seller to keep two personal vehicles along with their leases.

Seller will provide one month free training and will remain on for several more months.

Compensation to be negotiated.

About the Business

Location:
Orange County, California
Year Established:
1990
Number of Employees:
21
Facilities:
10,000 sq. ft. warehouse and office building. Well situated in commercial area of North Orange County.
Market Outlook/
Competition:
Great reputation with well established crews. Most business comes from repeat customers and referrals. Very little marketing. High quality workmanship. Company is in demand within the industry
Growth & Expansion:
Business can be expanded with additional marketing and experienced help..
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About the Sale

Reason For Selling:
Retire From The Business
Training/Support:
Seller will train for an extended period with compensation.

Listing Info

ID:
1573147
Ad Detail Views:
1357

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Business Listed by

William Park

VR Business Brokers
License# 01995716

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