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Listed by:

Capital Business Solutions

Flooring Contractor With Management In Place In South Florida For Sale

South Florida, Florida, US
Asking Price:
$2,799,918 Inventory / Stock included
Sales Revenue:
$4,522,923
Cash Flow:
$823,355

Company has consistently been averaging ~$800k EBITDA. QoE Complete – 3rd Party CPA Firm confirmed $839k in Owners’ Adjusted EBITDA from the TTM period (as of 11/14/2022)

Flooring Contractor able to handle any size project, specializing in the installation and servicing of Tile, Laminate, Wood and other floor products. The Company historically averages over $1,000,000 EBITDA. Located in booming South Florida region, able to work projects from the Florida Keys to Tampa, Orlando & beyond. Management team in place, with 100-120+ subcontracted installers working any given day. Over 35 years in business. Clients include major builders and residential / commercial property projects, with most new bid opportunities inbound due to reliable service and quality of work.

Amazing COVID COMEBACK with over $9.4+ million in projects committed has begun, started in Q4 2022.

Dataroom available – this opportunity is poised for a swift transaction and go-forward contracts that further confirm future performance of the Company.

Proof of Funds required.

Property Information

Real Estate:

Lease

Location:

South Florida

Premises Details:

10,000 Sq Foot Warehouse & Office

Size in square feet:
10,000 Sq Foot Warehouse & Office

Business Operation

Expansion Potential:

Consistently earning ~$800k EBITDA throughout 2022-2023. Company showing a massive resurgence and comeback from covid - with over $9.4+ million work already committed (started Q4 2022)

Competition / Market:

Mass migration to Florida throughout COVID has created a massive demand for housing and renovations in the southeast. Flooring and other contractors in Florida have been seeing a massive comeback of steady business, already committed and slated to continue for the foreseeable future.

Reasons for selling:

Retirement

Employees:
14
Years established:
1988

Other Information

Support & training:

2 weeks

Financing available:

N/A

Furniture / Fixtures value:
$383,000
Inventory / Stock value:
$35,000 - included in the asking price