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Absentee Owner-Commercial And Gov't Tile And Flooring For Sale

United States, California, US
Asking Price:
$2,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,114,478
Cash Flow:
$291,760

With over $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 multi-decade track record, stable team, long-standing 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 fully absentee. Inclusive in the price is a 4,864 SQ ft industrial building where the business currently operates from.

Property Information

Real Estate:

Lease

Premises Details:

Other Assets: Backlog under contract $7.95M
Special License Required: C-54 License

Business Operation

Reasons for selling:

Retirement

Trading hours:

Hours: 7am–4pm, Monday–Friday

Employees:
12 F/T
Years established:
1950

Other Information

Support & training:

30 days

Financing available:

Seller will consider all offers

Furniture / Fixtures value:
$98,330 - included in the asking price
Inventory / Stock value:
$110,000 - included in the asking price