Commercial & Government Tile & Terrazzo Contractor in California

This is a well-established commercial and government tile and terrazzo contracting business located in California, seeking an acquisition. With a long history dating back to 1950, the company has built an impeccable reputation for craftsmanship and reliability, completing projects for iconic landmarks. The business boasts a substantial contracted backlog of over $7.5 million, presenting a strong immediate revenue opportunity. All revenue is B2B, primarily from government and commercial entities. The company is managed by an experienced general manager and supported by a stable, experienced field and back-office team, allowing for absentee ownership. The asking price is $3,400,000, with gross revenues of $3,500,000 and a cash flow of $297,842. Furniture, fixtures, and equipment (FFE) valued at $98,330, inventory valued at $110,000, and accounts receivable of $500,000 are included in the asking price. The real estate is not included. The owner is retiring and willing to train for 30 days. This presents an ideal opportunity for a construction or tile company looking to expand its commercial and government project capabilities.