Absentee Owner Concrete Polishing, Water Proofing and Coating Company - SC2172

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Building & Construction Businesses for Sale

  • Primary Category: Concrete Businesses for Sale

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

Financial Information

  • $849,000 Asking Price
  • $316,390 Cash Flow
  • $2,406,911 Gross Revenue
  • $636,750 Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: California

Financing Comments

  • Seller financing for up to 25% of the purchase price at 8% interest over 3 years is available. The amount financed will depend on the offered price and the quality of the Buyer.

Reason for Sale

  • The Seller is selling to focus on other interests.

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/w: 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: 5000
  • FF&E Included?: Yes
  • FF&E Value: $791,803

Training/Support

  • The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner.

Market Outlook/Competition

  • 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.
Business Listed by
image of Brett Sargent
Brett Sargent
Sunbelt of Sacramento
Email Brett
Show Phone Number
Listing ID
SACRACA002-54855
License Number
CA 02100708; NV 1003039

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