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Listing Number: 3746
Summary - Flooring Contractor with Management in place. 35yrs in business, $ 9.4m+ of confirmed projects started Q4 2022. QoE passed 11/14/22 with $839k TTM EBITDA.
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.
Listing Broker
Jonathan-Barak
Business Intemediary Specialist
Phone: 954-596-8060
Email:
[email protected]
- Category: Special Trades
- Asking Price: $2,799,918
- Gross Sales: $4,522,923
- Cash Flow: $823,355
- County: South Florida
- Area: South Florida
- FFE: $ 383,000
- Inventory: $35,000
- Real Estate: $0
- Employees: 14 - Full-Time 0 - Part-Time
- Facilities: 10,000 Sq Foot Warehouse & Office
- Relocatable? No
- Home Based? No
- Market Notes: 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.
- Growth Notes: 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)
- Support Training: 2 weeks
- Year Established: 1988
- Financing Terms: N/A
- Reason for Selling: Retirement
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? No