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Sunbelt of Sacramento

Absentee Owner Concrete Polishing, Water Proofing And Coating Company In California For Sale

California, US
Asking Price:
$849,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,406,911
Cash Flow:
$316,390

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.

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Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $4,554.00
Owner worked hours per week: 2
Market 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.

Property Information

Size in square feet:
5,000

Business Operation

Reasons for selling:

The Seller is selling to focus on other interests.

Employees:
Full Time: 20
Years established:
21

Other Information

Support & training:

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

Financing available:

Downpayment Required: $636,750.00
Financing is available

Furniture / Fixtures value:
$775,000 - included in the asking price
Inventory / Stock value:
$3,500 - included in the asking price
Relocatable:
This business can be relocated.