Opportunity Highlights
Annual Figures 2024:
- Gross Sales: $4,199,670
- Net Profit: $529,992
Expenses 2024:
- COGS: $3,093,791
- Salaries & Wages: $342,093
Business Overview
- Located in Broward County, FL
- Business started in the 70's. This owner has been doing it for 30 years.
- Mostly residential, some commercial. No new construction
- Most of the work is anything interior and can do some exterior as well
- 2 owners, 1 sales manager, 1 warehouse worker, 1 driver, 1 permit runner, 1 salesperson, 1 bookkeeper, and about 30 subcontractors
- Owners do the bidding mostly. 1 of the owner holds the GC license
- One key man in the business
- Most of the employees have been around 20+ years
- Service area: Miami-Dade County, Broward County, and some Boca Raton
- $200,000 - $300,000 in sellable inventory coming with the sale
- 1 vehicle, 2 forklifts, and everything in the warehouse coming with the sale
- Pipeline of jobs to walk into
- 28 jobs going on currently. Most of the time its 30+
- GC license needed for the business. Owner willing to qualify, if needed
- No advertising. All organic via Google and referrals
- On track to hit same revenue as 2024
- Some seller financing available depending on the rest of the structure of the offer
- Approved by SBA for $1,800,000. Would prefer to use my lenders if the buyer is going the SBA route.
- Reason for the sale: owners have been doing this for so long they just want to get into flipping homes just doing 2-3 a year.