Flooring Company - Large Commercial Accounts

Not Disclosed, CA
Orange County


Asking Price: Annual Revenue:
$1,995,000 $6,420,000

Services: Construction, Contractors


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RE: Flooring Company - Large Commercial Accounts Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $1,995,000
Annual Revenue: $6,420,000
Net Profit: Not Disclosed
Cash Flow: $586,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 21
BBN Listing #: 798655232
Broker Reference #: 3677 SB

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Business Overview:

Listing # - 3677 SB

2020 gross sales were over $6,400,000 in spite of the effect of the Covid virus.

2019 gross was over $7,500,000 with approximately $800,000 Sellers Discretionary Earnings (SDE) in 2019.

The business continues to roll on with steady commercial accounts year after year.

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

30+ year owner retiring from the business. 20+ employees.

Contracts with some of the largest commercial projects around.

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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retire From The Business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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