Businesses For Sale > Business For Sale in South Florida, Florida (FL)
Flooring Contractor with Management in place for sale in South Florida, FL
South Florida, Florida (FL)
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:
(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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Seller Reference Number: 3746
BusinessMart.com Listing Number: 308701 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Roberta Caputo
Capital Business Solutions
954-596-8060
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