Specialty Flooring Contractor W Scalable Concept Intellectual Property For Sale

Property Information

Real Estate:

Lease

Premises Details:

This 2,400 square foot office and warehouse facility leases for an attractive $3,400 per
month on a flexible lease. The company has acquired equipment that would be valued
at over $1.2 ml in new replacement cost, and more importantly, has developed a dynamic
software that includes dates and job size, vehicle, equipment and material requirements
inputs, and whose workflow controls result in tremendous staffing efficiencies (often
eliminating 1 technician), inventory sourcing, and finally, highly organized packing lists
that eliminate supply shortfalls and job preparation and deployment errors. All of the
company’s furniture, fixtures and equipment, including 1 box truck, cargo van, trailer
and any associated leases will transfer in the sale. An estimated $50k - $60k in inventory
will be sold at cost at close in addition to purchase price.

Business Operation

Expansion Potential:

This company has been established with a strong foundation from which to be taken into
any number of directions. New management may wish to go ‘deeper’ in the industry by
capitalizing on the firm’s proven strengths and superior outcomes at cost effective prices
by scaling up their staffing and broadening their service area (which is typically centered
around Orange County, depending on job size). This strategy may work well with other
flooring firms, painters, drywall outdoor asphalt or concrete specialists or any other
contractors. Alternately, the company’s ability to attract a virtual ‘who’s who’ of large corporate
clients may be ideal for a complementary service provide to cross promote their own
core service offering in the same geography, or to learn the industry best practices and
adopt the highly adaptable scheduling software to harness its efficiencies and potentially
create a competitive advantage for the parent platform company.
Finally, the opportunity may provide a virtual ‘beachhead’ for non-local contractors that
may benefit from this company’s strengths and local reputation, or alternately, it may
prove ideal for that owner-operator that wants their own highly manageable, efficient
operation that produces stellar results at attractive margins.

Competition / Market:

While competition exits for basic types of specialty flooring contractors, competitors
cannot match the level of professionalism, organization and superior results that this
company offers. As a result of the A-list types of clients they regularly attract, the
company doesn’t find themselves bidding against (or at least, foregoing jobs) the everpresent low-cost providers that typically don’t tout the experience, carry the insurance,
or otherwise provide the end results the company is known for.
As the firm has been developed to scale by a seasoned entrepreneur, the company has
taken a sustainable long-term approach to marketing, equipment purchasing, staff
training. To this end, they have investment heavily in industry’s best and most effective
high-capacity equipment that not only performs a superior job, but also eliminates
headcount and creates staffing and workflow efficiencies.

Reasons for selling:

Personal

Trading hours:

Monday – Friday
9 am – 5 pm

Employees:

10

Years established:

2011

Other Information

Support & training:

Seller will train for 4 weeks at 20 hours per week.

Financing available:

Not offered but a small secured carry may be considered.

Furniture / Fixtures value:

$1,200,000

Inventory / Stock value:

$55,000