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Major Remodeling and New Home Construction (71458)

ConstructionFor Sale in FL

Listing ID: Major Remodeling and New Home Construction (71458) | Broker Listing ID: BLP467182

Financial & Assets Details

$1,831,000
$141,000
$50,000
$5,000
Yes
2200+/-

About the Business

1992
4 nonunion.
$1,500
Yes

Business Description

Based off of an independent valuation! The company is a specialty trade contractor specializing in new home construction, major remodeling, construction consulting, and concierge services for residential and commercial applications. The primary services revolve around major residential remodeling and custom new home construction. Located on the West Coast of Florida, the leased 2,200-square foot facility includes a storefront with storage and office spaces. Offering these products and services requires a Florida State Building Contractor License, a Florida State Real Estate Brokers License, equipment as well as five personnel with industry experience. The company has a proven track record supported by 27 years of ongoing business. With its broad range of products and services, the marketing efforts focus on targeting individual customers and commercial enterprises along the western coast of Florida. Revenues have been increasing 17% over the past five years due to an improving economy and increase in consumer discretionary spending. In 2018, the total revenue was $1,831,105 with Seller’s Discretionary Earnings of $141,000 rounded. Varying from quarter to quarter A/R and WIP are to be negotiated at time of sale. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Support & Training

The owner is available for a standard transitioning period up to one year.

Reason for Selling:

Other interests.

Listing ID: Major Remodeling and New Home Construction (71458)

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