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Florida Contractor with Strong Business and Growth! (37884)


The company runs itself with management team in place! Situated in the Western Coast of Florida, multi-licensed special-trade contractor specializes in both Residential (40%) and Commercial (60%) structural framing and concrete work with an ongoing focus for quality. With long-standing clientele and partnerships, the increase of volume in the niche framing & concrete markets provides opportunity in taking business to the next level without increasing overhead.  In addition, thanks to its earned reputation and flexibility, the business can easily pivot into rebuild and remodel operations in high demand post natural disaster. The Revenues for 2022 reached $6,943,954 along with Discretionary Earnings of $847,553 while targeting 2023 Gross Sales Projections of $7.2 Million! From the building of 10,000 square feet the business uses 2,500 sq. ft. of clerical space with reception, conference room, and offices, plus 2,500 sq. ft. of warehouse area with garage doors and polished flooring. Found in top condition, valued around $2.2M, the seller prefers to sell property alongside, the business and leases out 50% of the facility, resulting in extra income. Experienced personnel of approximately 50 nonunion employees are most likely to remain post-sale and continue owner-absentee operations after a smooth and negotiable transition to acclimate Buyer. Besides a maintained website, verbal testimonials and referrals from a large, recurring customer base, fresh efforts like online engagement and new advertisings are backed by reputations in several regional markets. If desired, a residential TX business is also available!



Listed By: Bob Parsons

Background information

Seller Number:

37884

Year established:

2008

Reason selling:

Approaching retirement and/or pursuing other interests.

Finance

Sales:

$6,943,954

Profits:

$847,553

Profit type:

Discretionary Earnings

Operations

Employees:

50 nonunion.

Equipment:

$1,190,974

Inventory:

N/A.

Premises

Facility:

Property valued at $2,200,000 preferably sold at the time of sale at additional cost. Company also features current Receivables of $1,107,127.

Square footage:

10,000+/-

Opportunities

Market:

Website, Verbal Testimonials, Referral Sources, Social Media, Adverts.

Price and terms

Price:

$2,950,000

Financing:

Negotiable up to 20% for the right buyer.

Owner Transition:

Can run absentee operations after a smooth and negotiable acclimation period.