NOT DISCLOSED, California
| Asking Price |
$3,400,000 |
Year Established |
1950 |
|
| Annual Revenue |
$3,500,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Robin Howard |
|
| Annual Cash Flow |
$297,842 |
Listing Number |
998586 |
|
| # of Employees |
12 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
With over $7.5M in contracted backlog, this well-established commercial tile contractor is an ideal acquisition target for another tile or construction company looking to expand into larger commercial and government jobs. Known for its exemplary craftsmanship, the company has completed projects at some of Southern California's most iconic landmarks. With its long track record of multiple decades, stable team, longstanding customer relationships, and an impeccable reputation for reliability and quality, this company is poised for continued success. All revenue is B2B, sourced primarily from government and commercial entities. The company has an experienced general manager, along with a strong back office and experienced field team. The Seller is absentee.
Property Features and Assets:
<p>Facility: 4,864 sq. ft. </p><p>Rent: $5,593.60/month (base & total) </p><p>Rent Deposit: $11,187 </p><p>Accounts Receivable: $500,000 (included) </p><p>Other Assets: Backlog under contract $7.95M </p><p>Hours: 7am–4pm, Monday–Friday </p><p>Special License Required: C-54 License<br></p><p><br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity