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For Sale: Flooring Contractor - Well Established - Monterey Bay Area, California

305,000+ Inv

Asking Price

  • Status: Active

  • Posting ID: 275519

  • 9/1/23

Description

This is an SBA pre-qualified, turn-key business ready to go!

If you love being your own boss and making a good living in one of the most desirable areas to live on the planet, then give this successful flooring contractor business a serious look. This very well-established contracting business features the advantages of job variety and profitability while affording you the opportunity to live in Santa Cruz or the surrounding Monterey Bay area. The office is centrally located in a great light industrial park setting with plenty of storage and parking. The current owner will provide training and expertise as needed by the new owner.

A C-15 contractor's license will be needed, but the current owner may be willing to provide supervision for the approved buyer until the new owner obtains his/her own license. This will be by mutual agreement. The price includes all equipment plus a 2017 Mercedes van, a 2007 GMC pickup, a 2017 Innovative dump trailer, a 2014 Toyota forklift, and a 1991 Patterson TCM forklift (all a $150k value).

The seller will consider 25% down with 75% seller financing at generous terms for an approved buyer! SBA qualified with First Capital Bank.

- Gross sales: $529,731 (Weighted 2-year average for 2019 & 2021)
- SDE: $139,006 (weighted 2-year average for 2019 & 2021)
- Price: $305,000 + inventory at a cost estimated at $169,000
- Lease: M2M at $1,541/month. CAM is approximately $200/month. Additional shared storage is $500/month.
- SBA Pre-qual in-hand!
- FY 2020 is not included in the financial analysis.

Everything is highly confidential. No additional information without a signed NDA and proof of funds will be available.

To get more information about this Flooring Contractor - Well Established business for sale in Monterey Bay Area please phone Rex Walters CBB (Broker - BRE License #:01841628) at 831-239-2080 and 831-685-8866 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #275519 on BizBen.com. In addition to phoning Rex Walters CBB, make sure you email Rex Walters CBB above to get more info about this Flooring Contractor - Well Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01841628. Coast Business Brokerage.

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Contact

  1. Name: Rex Walters CBB
  2. phone iconPhone: 831-239-2080
  3. phone iconPhone: 831-685-8866

Details

  1. Asking Price: 305,000+ Inv

  2. Down: Call/Email

  3. Cash Flow: $139,006.00

  4. Revenue:    $529,731.00

  1. Area: Monterey Bay Area

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & SupportOwner/Seller Financing

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Related Links & Information Regarding This Posting

Email Rex Walters CBB Below About This Posting


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