Established flooring contractor

Seller willing to consider 25% down payment, with 75% seller financing at generous terms for approved buyer!

if you love being your own boss and making a good living in one of the most desirable areas to live on the planet, then give this successful flooring contractor business a serious look. This very well established contracting business features the advantages of job variety and profitability while affording you the opportunity to live in Santa Cruz or the surrounding Monterey Bay area. The office is centrally located in a great light industrial park setting with plenty of storage and parking. Current owner will provide training and expertise as needed by the new owner. A C-15 contractor’s license will be needed, but the current owner may be willing to provide supervision for approved buyer until new owner obtains his/her own license. This will be by mutual agreement. Price includes all equipment plus 2017 Mercedes van, 2007 GMC pick up; 2017 Innovative dump trailer; 2014 Toyota forklift; 1991 Patterson TCM forklift.

NOTE: FY 2020 is not included in financial analysis.

Gross sales: $529,731. Weighted 2-year average; 2019 & 2021.
SDE: $139,006 weighted 2-year average; 2019 & 2021.
Price: $305,000 + inventory at cost estimated at $169,000
Lease: M2M at $1541/month. CAM approx. $200/month. Additional shared storage @ $500 /month. 
SBA pre-approval: Pending
Equipment and vehicles included in sale estimated at $150K in value.
License required: CA contractor’s license C-15. Seller may assist new owner with this. 

HIGHLY CONFIDENTIAL. NO ADDITIONAL INFORMATION WITHOUT SIGNED NDA AND PROOF OF FUNDS AVAILABLE. CALL OR EMAIL BROKER DIRECTLY FOR NDA.

Broker: Rex Walters, CBB, PhD
Certified Business Broker
Coast Business Brokerage 
831-239-2080 scbusinessbroker@gmail.com
Lic. # 01841628

Total Sales: $529,731

Cash Flow: $139,006

FFE: $150,000

FFE Included: Yes

Inventory: $169,000

Inventory Included: No

Reason For Sale:

Owner wishes to retire.