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Sunbelt of Sacramento

Profitable Tile And Stone Fabrication And Installation Business In Northern California For Sale

Northern California, California, US
Asking Price:
$2,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$10,000,000
Cash Flow:
$1,150,000

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.
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: ON REQUEST
Real Estate Description:
13,000 square foot industrial building

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $14,500.00
Owner worked hours per week: 30
Market 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.

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Property Information

Size in square feet:
13,000

Business Operation

Reasons for selling:

The Seller is selling to enter into retirement.

Employees:
Full Time: 70
Years established:
41

Other Information

Support & training:

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.

Financing available:

Downpayment Required: $2,800,000.00

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price