Floor Underlayment Contractor #123601
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.
- 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
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