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For Sale: Tile Stone Fabrication And Installation - Northern California, California

$2,800,000.00

Asking Price

  • Status: Active

  • Posting ID: 283237

  • 4/11/24

Northern California Tile Stone Fabrication And Installation Business For Sale

Description

Absentee-Run Tile Stone Fabrication And Installation Business - SC2152

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 the 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 contractor's license is needed for this business.

Real Estate: Real estate is available to purchase for additional cost. 

Reason for Sale: The seller is selling to enter into retirement.

Detailed Information:

  • Year Established: 1983
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 70
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 30
  • Adjusted EBITDA: $1,050,000
  • Inventory Included: Yes
  • Inventory Value: $100,000
  • Monthly Rent: $14,500
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: On request
  • Building Size: 13,000 sq. ft
  • FF&E Included: Yes
  • FF&E Value: $500,000

Training/Support: The seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training from the current owner can be made available at a mutually agreed-upon cost to the new owner.

Market Outlook/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.

CA 02100708
NV 1003039

To get more information about this Tile Stone Fabrication And Installation business for sale in Northern California please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283237 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Tile Stone Fabrication And Installation, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $2,800,000.00

  2. Down: $2,800,000.00

  3. Cash Flow: $1,150,000.00

  4. Revenue:    $10,000,000.00

  1. Area: Northern California

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & SupportReal Estate Available

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