Tile And Stone Fabrication & Installation - SC2152
Not Disclosed, CA Not Disclosed
Northern California
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- RE: Tile And Stone Fabrication & Installation - SC2152
- Contact: Adriana Sargent
- License #: 02100708
Quick Facts
| Asking Price: | $2,800,000 | |
| Annual Revenue: | $10,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1983 | |
| Employees: | 70 | |
| BBN Listing #: | 942996 | |
| Broker Reference #: | SC2152 |
Business Overview:
Absentee Run Profitable Tile and Stone Fabrication and Installation Business - SC2152
Financial Information
Asking Price: $2,800,000
Cash Flow: $1,150,000
Gross Revenue: $10,000,000
Down Payment: $2,800,000
This Northern California based tile and stone fabrication and installation business is a California Sub-Chapter S Corporation that has been in operation for the past 40 years, since 1983, under ownership of the founder. Located in Northern California, they service customers from Silicon Valley to Sacramento, covering everything in between. They perform tile and stone fabrication and installation, carpet, and hardwood installation. Since 1983, they have been providing exceptional flooring, tile, and stone installation throughout Northern California. Throughout this time, they have cultivated strong relationships with general contractors and homeowners in and around the Northern California area. They have worked with wineries, hotels, condominiums, custom homes, subdivisions, pool houses and much more. A C54 contractors license is needed for this business.
NV 1003039
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Property Features and Assets:
Business Location
City: Northern California
State: California
Detailed information
Year Established: 1983
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 70
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/week: 30
Adjusted EBITDA: $1,050,000
Inventory Included: Yes
Inventory Value: $100,000
Monthly Rent: $14,500
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: On request
Building Size: 13,000 square feet
FF&E Included?: Yes
FF&E Value: $500,000
Market Competition and Expansion:
The U.S. flooring market size was estimated at $20.56 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. The global ceramic and natural stone tiles market size was valued at $362.7 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2021 to 2028.
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training from current owner can be made available at a mutually agreed upon cost to the new Owner.
Reason for Selling:
The Seller is selling to enter into retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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