Niche Flooring Contractor In Northern California For Sale

Business description

This is why I sell established businesses! This niche flooring contractor that provides services to property managers and apartment complexes by replacing carpet and some vinyl and tile offers clean books, good systems, great diversified customer list, consistent revenue over $1,000,000 for eight years running and has grown year over year the past several years, producing nearly $350,000 EBITDA, projected, in 2011 and nearly $200,000 EBITDA in 2010. The owner is willing to stay (not running from the business) in a sales position to help grow the business even more. Priced at $550,000 it will not stay on the market long. Additional working capital of nearly $200,000 may be necessary to float the first several months work as receivables usually run north of this amount.

Property information

Location:

3000 Sq.ft Building/ $1560 Rent

Business Operation

Trading hours:

M-F 830-5pm

Employees:

2 PT

Years established:

1997

Other information

Support & training:

3 weeks/ 30 hours per week

Inventory / Stock value:

$70,000 (included in the asking price)