Flooring Contractor with Management in place
South Florida, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $2,799,918 |
$4,522,923 |
$823,355 |
Furniture and Fixtures Value:
$383,000 ( not included in the asking price)
Inventory Value:
$35,000 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Company has consistently been averaging ~$800k EBITDA. QoE Complete – 3rd Party CPA Firm confirmed $839k in Owners’ Adjusted EBITDA from the TTM period (as of 11/14/2022)Flooring Contractor able to handle any size project, specializing in the installation and servicing of Tile, Laminate, Wood and other floor products. The Company historically averages over $1,000,000 EBITDA. Located in booming South Florida region, able to work projects from the Florida Keys to Tampa, Orlando & beyond. Management team in place, with 100-120+ subcontracted installers working any given day. Over 35 years in business. Clients include major builders and residential / commercial property projects, with most new bid opportunities inbound due to reliable service and quality of work.Amazing COVID COMEBACK with over $9.4+ million in projects committed has begun, started in Q4 2022.Dataroom available – this opportunity is poised for a swift transaction and go-forward contracts that further confirm future performance of the Company.Proof of Funds required.
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| Year
Business was Established: 1988 |
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| Number of Employees:
14FT |
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| Facilities / Terms of Lease:
10,000 Sq Foot Warehouse & Office |
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| Potential
Growth/Expansion:
Consistently earning ~$800k EBITDA throughout 2022-2023. Company showing a massive resurgence and comeback from covid - with over $9.4+ million work already committed (started Q4 2022) |
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| Competition:
Mass migration to Florida throughout COVID has created a massive demand for housing and renovations in the southeast. Flooring and other contractors in Florida have been seeing a massive comeback of steady business, already committed and slated to continue for the foreseeable future. |
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| Owner
willing to finance:
N/A |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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