Floor Leveling Contractor #123601

  • For Sale

About The Opportunity

  • Established in 2015, based out of San Diego with second office in Orange County.
  • Specializes in pouring self-leveling underlayments for renovation and new construction projects.
  • Primary focus is on commercial, retail and custom homes in San Diego, Orange, Los Angeles, Ventura, San Bernardino and Riverside counties.
  • Company is a well-respected leader within its market and poised for growth.
  • Owner is retiring and will offer training.

Value Proposition

  • Asking price of $1.2M, includes approx. $40k Inventory and approx. $90k FF&E and vehicles.
  • Pipeline of outstanding bids shows revenue to be consistent through 2020 without slipping on margins.
  • Leased space of 970 sf.  Sellers own facility and will offer FMV lease to buyer.
  • Business can easily be relocated within Southern CA.
  • Revenue is split 50/50 between San Diego and Orange County/LA.
  • Revenue mix is 50% commercial / 25% high-end residential / 25% multi-family and other.

Other Important Information

Operating in a growing industry, Company has a solid foundation laid of key employees, loyal customers and suppliers.  With increased remodel work and less ground-up construction, the Company has significant upside potential.

By The Numbers

Gross Sales$1.5M$2.1M$1.9M$2.8M

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