Business Overview:
This specialty surfacing product and installation company has almost 15 years in business with a stellar reputation in both residential and commercial applications. Currently the company does approximately 65% of their business in commercial applications. The mix of both residential and commercial applications allows for flexibility to meet market demands and provides a diverse offering of revenue streams. The company's client list reads like the who's who of the major hotels and projects in the three states they are licensed and conducting business in. The business has a seasoned and trained staff that varies between 16 and 30 based upon projects.
Sellers believe that the company's growth is now requiring a larger organization to keep the company moving in the same upward trajectory this company has continued to have year after year. The business is priced right at $3.9m with $5.2m gross and nearly $1m in adjusted net profit. Company on target for $6m gross in 2020.
Highly confidential business sale. Buyers are required to sign NDA and provide proof of funds. For more detailed information, please contact Business Brokers Jeff Nyman (NV B34047; Business Broker Permit BUSB.0000003.BKR; CA DRE 00420835) and Linda Nyman (NV BS34179; Business Broker Permit BUSB.0006725; CA DRE 01035215) at info@fcbb.com or call 702-368-2500. Please use email reply button of this ad to contact us.
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Property Features and Assets:
This is a leased location of 8,034 square feet with a Total Monthly Rent of $8,569. Lease ends 1/2023. Seller is active in the business with between 16 to 30 Full Time employees upon projects. Hours of operation vary, typically 5 days a week. $225,000 in Inventory and $151,600 in FF&E included in asking price.
Reason for Selling:
Business is growing beyond current owners.
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.
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