Concrete Polishing Company - Absentee Owned
Relocatable, CA Not Disclosed
Northern California
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- RE: Concrete Polishing Company - Absentee Owned
- Contact: Adriana Sargent
- License #: 02100708
Quick Facts
| Asking Price: | $849,000 | |
| Annual Revenue: | $2,406,911 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $316,390 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $775,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | 20 | |
| BBN Listing #: | 943284 | |
| Broker Reference #: | SC2172 |
Business Overview:
Absentee Owner Concrete Polishing, Water Proofing and Coating Company - SC2172
Financial Information
Asking Price: $849,000
Cash Flow: $316,390
Gross Revenue: $2,406,911
Down Payment: $636,750
Financing: Yes
This Northern California based concrete polishing, water proofing and coating company is a California Sub-Chapter S Corporation that has been in operation for the past 21 years, under the ownership of the founder. This is an Absentee Owner Business. With over 45 years of experience in coating technology, they have built a reputation for superior performance, reliability, and customer satisfaction. Many of their products have been engineer-specified for commercial applications and their experienced factory-authorized and manufacturer-certified applicators provide consistent quality on each project. Public facilities, federal state, county and municipalities along with building contractors, commercial facilities and homeowners choose this company because they can be assured their project will be completed using the highest industry standards. They provide concrete polishing, concrete staining, decorative concrete overlays, epoxy garage floors, epoxy floor coatings, pool resurfacing and waterproofing. The Seller holds a Genera B Contractor license, and C-61 (Limited Specialty Classification) and C-12 (Earthwork and Paving Contractor) license. They have performed Union and Non-Union work.
CA 02100708
NV 1003039
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Property Features and Assets:
Business Location
City: Confidential
State: California
Detailed information
Year Established: 2003
Home Based: No
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 20
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/weed: 2
Adjusted EBITDA: $205,483
Inventory Included: Yes
Inventory Value: $3,500
Monthly Rent: $4,554
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 5,000 square feet
FF&E Included?: Yes
FF&E Value: $775,000
Market Competition and Expansion:
North America Non-Residential Polished Concrete Market size was valued at $1.03 Billion in 2021 and will exhibit a growth rate of over 4% from 2022 to 2028. The North America concrete flooring market size was valued at $2.84 Billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030.
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner.
Reason for Selling:
The Seller is selling to focus on other interests.
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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