- Year Established
- 1995
- Annual Sales
- $5,987,029
- Seller Discretionary Earnings
- $417,903
- SDE Multiple
- 2.7x
- SDE Margin
- 7.0%
- FF&E
- $39,625
- Included Inventory
- $19,117
- Approximate Backlog
- $5,468,257
- Approximate WIP
- $6,846,738
- Contingent Liabilities
- $1,000,000
- Days & Hours of Operation
- Monday-Friday, 9:00 am - 5:00 pm
- Full-time Employees
- 24
- Target Working Capital
- $75,000
- Reason For Sale
- True Retirement
- Reason for Sale Comments
- The owner is preparing for retirement after building the business over several decades and is seeking a Buyer who can continue the company’s reputation for quality and reliability. The business operates with an experienced leadership team and established processes that support operational continuity. The owner is committed to supporting a structured transition to ensure a smooth handoff of client relationships, estimating practices, and operational knowledge.
- SBA Pre-Approved
- Yes
- SBA Lender
- Ivanhoe Capital
- Limited Seller Financing
- 5-10% for well-qualified Buyers
Summary
Description
A well-established specialty contractor serving the commercial construction market in the Southeastern United States, headquartered in North Carolina, is now available for acquisition. The company specializes in high-quality tile and surface installations across healthcare, hospitality, education, government, and other commercial environments.
Operating for nearly three decades, the business has built strong relationships with leading general contractors and developers, generating a high percentage of repeat business and a consistent pipeline of project opportunities. Its reputation for craftsmanship, reliability, and the ability to execute complex installations has positioned the company as a trusted subcontractor on demanding commercial projects.
Demand for durable, high-quality interior finishes continues to grow across institutional and commercial sectors, creating favorable conditions for experienced specialty contractors. With an established workforce, proven operating processes, and long-standing contractor relationships, the company is well positioned to benefit from these trends.
Further details available upon execution of a confidentiality agreement.
Competition
The commercial tile installation market is highly fragmented, consisting primarily of small local contractors focused on residential or light commercial work. While numerous firms operate within the broader flooring and tile category, relatively few possess the workforce, supervision structure, and technical capability required to perform complex installations on institutional and large-scale commercial projects.
The company operates within a narrower competitive set of regional commercial tile contractors that support healthcare, government, education, hospitality, and large commercial construction. In this segment, project awards are influenced not only by pricing but also by execution reliability, schedule coordination, and the ability to meet architectural specifications.
Because work is largely sourced through long-standing relationships with general contractors and design teams, trusted subcontractors with proven performance histories tend to be repeatedly invited to bid and participate in negotiated scopes of work.
Competitive Advantages
The company’s competitive advantage is rooted in its reputation for reliability, technical execution, and long-standing relationships within the commercial construction community. Over nearly three decades, the business has developed trusted partnerships with general contractors, architects, and institutional project teams who consistently invite the company to bid on complex projects.
Unlike many smaller contractors, the company maintains a structured operational model with experienced field leadership, project management oversight, and skilled installation crews capable of managing multiple concurrent job sites. This infrastructure enables consistent quality, schedule discipline, and coordination across large or technically demanding installations.
The business has also developed specialized capabilities in high-specification tile systems, including large-format porcelain panel installations that require advanced handling, layout precision, and installation expertise. As architects increasingly specify these materials, the company’s technical capability strengthens its relevance on high-profile commercial and institutional projects.
Growth & Expansion Opportunities
The company is well positioned to expand within the commercial construction sector through deeper engagement with existing general contractor relationships and targeted geographic growth. Many of the contractors and project partners the business currently serves operate across multiple Southeastern markets, creating opportunities to participate in projects beyond its current footprint as those clients expand regionally.
Growth may also be supported through increased participation in high-specification tile systems and architect-driven installations, including large-format porcelain panels and other design-forward materials that require specialized expertise. These installations often command higher margins and are increasingly specified in healthcare, hospitality, and institutional construction.
Operationally, modest investment in additional field supervision, project coordination, and estimating capacity could enable the company to manage a greater number of concurrent projects. Strengthening estimating integration, project tracking, and procurement planning may further improve margin visibility while supporting scalable growth.
Support/Training
Seller will provide adequate transition assistance at no additional cost.
Related Asset
Real Estate Available
Facility Description
The business operates from approximately 6,000 SF industrial warehouse facility and office space.
- Availability
- Leased
- Facility Type
- Stand Alone
- Building Size
- 6,000 sq. ft.
- Monthly Rent
- $7,269
