Bay Area Tile and Stone Installation Business

Business Description

For sale is a 41-year-old indoor and outdoor tile and stone design/installation company based in the Bay Area. They have multiple revenue channels from both commercial and residential customers (65% residential/35% commercial) with long-standing relationships with Bay Area developers, designers, general contractors, working on projects ranging from multi-home developments to high-end $5M-$15M houses and restaurants.

The company has created very strong relationships with its multiple suppliers that often generate leads for projects. Their decades-old impeccable reputation and skilled artisans allow them to execute intricate and complex projects that their competitors do not have the experience to undertake.

Business has been booming in the past year: previously the company would bid on 30-40 projects in a six-month period and now they are bidding on 30-40 projects a week. The 2022 revenue forecast is extremely strong and already looks to be up almost 25% over the same time in 2021.

The business is run from a home office and a buyer could look to do the same or establish outside premises to scale the company.

Financial Overview

Asking Price: $1,800,000

Revenue: $1,509,863

Income: $518,583

Multiple: 3.47x

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