Specialty Flooring Contractor w/Scalable Concept

Huntington Beach, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,100,000 $1,113,349

Services: Construction, Contractors


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RE: Specialty Flooring Contractor w/Scalable Concept Broker: Ryan Clark

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,113,349
Net Profit: $133,608
Cash Flow: $221,684
Total Debt: Not Disclosed
FF&E: $1,200,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 10
BBN Listing #: 26304929
Broker Reference #: CreteCo

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Business Overview:

This specialty commercial flooring contractor boasts a highly scalable concept crafted to be the foundation of a regional or national market leader, a proven method to install a flooring service and product superior to its competitors, an internally developed bidding, budgeting and scheduling software, an organization comprised of remarkable and
professional staffers, and finally, a book of business comprised of the A-List of Southern California clients.

This business does have a C-61 / D-06 Concrete Services license. Staffers may obtain it for the corporate entity or the owner may through an agreed upon transition period.

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Property Features and Assets:

This 2,400 square foot office and warehouse facility leases for an attractive $3,400 per month on a flexible lease. The company has acquired equipment that would be valued at over $1.2 ml in new replacement cost, and more importantly, has developed a dynamic software that includes dates and job size, vehicle, equipment and material requirements inputs, and whose workflow controls result in tremendous staffing efficiencies (often eliminating 1 technician), inventory sourcing, and finally, highly organized packing lists that eliminate supply shortfalls and job preparation and deployment errors. All of the company’s furniture, fixtures and equipment, including 1 box truck, cargo van, trailer and any associated leases will transfer in the sale. An estimated $50,000 - $60,000 in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competition exits for basic types of specialty flooring contractors, competitors cannot match the level of professionalism, organization and superior results that this company offers. As a result of the A-list types of clients they regularly attract, the company doesn’t find themselves bidding against (or at least, foregoing jobs) the ever-present low-cost providers that typically don’t tout the experience, carry the insurance, or otherwise provide the end results the company is known for. This company has been established with a strong foundation from which to be taken into any number of directions. New management may wish to go ‘deeper’ in the industry by capitalizing on the firm’s proven strengths and superior outcomes at cost effective prices by scaling up their staffing and broadening their service area (which is typically centered around Orange County, depending on job size). This strategy may work well with other flooring firms, painters, drywall outdoor asphalt or concrete specialists or any other contractors. As the firm has been developed to scale by a seasoned entrepreneur, the company has taken a sustainable long-term approach to marketing, equipment purchasing, staff training. To this end, they have investment heavily in industry’s best and most effective high-capacity equipment that not only performs a superior job, but also eliminates headcount and creates staffing and workflow efficiencies.

Reason for Selling:

Personal

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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