Primary Category:Other Building & Construction Businesses for Sale
This Northern California based tile and stone fabrication and installation business is a California Sub-Chapter S Corporation that has been in operation for the past 40 years, since 1983, under ownership of the founder. Located in Northern California, they service customers from Silicon Valley to Sacramento, covering everything in between. They perform tile and stone fabrication and installation, carpet, and hardwood installation. Since 1983, they have been providing exceptional flooring, tile, and stone installation throughout Northern California. Throughout this time, they have cultivated strong relationships with general contractors and homeowners in and around the Northern California area. They have worked with wineries, hotels, condominiums, custom homes, subdivisions, pool houses and much more. A C54 contractors license is needed for this business.
Financial Information
$2,800,000
Asking Price
$1,150,000
Cash Flow
$10,000,000
Gross Revenue
$2,800,000
Down Payment
Business Location
City:
Northern California
State:California
Reason for Sale
The Seller is selling to enter into retirement.
Detailed information
Year Established:1983
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 70
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:30
Adjusted EBITDA:
$1,050,000
Inventory Included: Yes
Inventory Value:
$100,000
Monthly Rent:
$14,500
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
On request
Building Size: 13000
FF&E Included?: Yes
FF&E Value: $500,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training from current owner can be made available at a mutually agreed upon cost to the new Owner.
Market Outlook/Competition
The U.S. flooring market size was estimated at $20.56 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. The global ceramic and natural stone tiles market size was valued at $362.7 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2021 to 2028.
CA 02100708
NV 1003039
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