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For Sale: Specialty Flooring Contractor - Scalable Concept - Los Angeles Area, California

$1,100,000.00

Asking Price

  • Status: Active

  • Posting ID: 277079

  • 2/12/23

Los Angeles Area Specialty Flooring Contractor - Scalable Concept Business For Sale

Description

This specialty commercial flooring contractor boasts a highly scalable concept crafted to be the foundation of a regional or national market leader, a proven method to install a flooring service and product superior to its competitors, and an internally developed bidding, budgeting, and scheduling.

This 2,400 square foot office and warehouse facility lease 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 the purchase price. While competition exists 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 ever-present 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 the market, equipment purchasing, and staff training. To this end, they have invested heavily in the 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. This company has been established with a strong foundation from which to be taken in 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.

This business does have a C-61 / D-06 Concrete Services license. Staffers may obtain it for the corporate entity or the owner may do it through an agreed-upon transition period.

To get more information about this Specialty Flooring Contractor - Scalable Concept business for sale in Los Angeles Area please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277079 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Specialty Flooring Contractor - Scalable Concept, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.

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Contact

  1. Name: Ryan Clark
  2. phone iconPhone: 310-652-8353

Details

  1. Asking Price: $1,100,000.00

  2. Down: Call/Email

  3. Cash Flow: $221,684.00

  4. Revenue:    $1,113,349.00

  1. Area: Los Angeles Area

  2. City: None Given

  1. Attributes:

    Broker CooperationSemi-Absentee RunTraining & Support

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