Status: Active
Remodeling Business Thriving on Referrals - Listing #: 58629

 

*Lender Pre-Qualified*  *May Qualify For Visa* 
   

 

Category :  Construction SIC :  1521  
Detail :  Contractor General Price :  950,000  
County :  Sarasota Down :  950,000  
State/Prov :  Florida Disc Earn :  348,820  
Country :  USA Sales :  2,194,067  

Serving the upscale and exclusive location of Siesta Key, Florida and the nearby Sarasota area, this remodeling and renovation company thrives on referrals from one satisfied customer after another and is being offered for an asking price of $950,000.

Family-owned and operated, the construction company has a long-term quality reputation earned through the years. The sellers are ready for retirement, and the business is poised for the next owner to step into the successful model and capitalize on the established sales and operations processes.


Established in 2005, and owned by the sellers since 2017, the company excels at high-end condo renovations for homeowners who have an average of two or three homes. Marketing is almost exclusively by word of mouth. As an example, the company has completed total renovation at one complex on Siesta Key on 180 units out of 392 units, not including partial jobs, each neighbor referring the next. The company has extensive experience in renovation, remodeling, permitting, and general contractor needs. Unlike most of their
competitors they can serve fewer customers (average 5-10 per year vs. 40+ for others) with a higher average revenue, maintaining profit margins in the 20%+ range.


The business generated a weighted average of $329,005 Seller Discretionary Earnings on per year revenues of $1,704,399 average from 2023 – 2025, including 2025 revenue at $2,194,067.


The sellers will stay on to transition the business over to the new owner as needed up to six months including customer, employee, and vendor relations. General Contractor license coverage available. The business is poised for growth for the next motivated owner if desired or to simply run as it is to great success. Don’t wait, this business won’t last long


Documents on File :  Equipment List:  Y     Lease: N    Corp Resolution: Y
  :  Cash Flow: N     Balance Sheet:  N
  :  Standard Agreement: N     Signature on File: Y

Reason for Sale :  Retirement
General Location :  Sarasota, FL
Organization Type :  'LLC'     Hours Owner Works: 40
  :  Years Established : 21  Years Owned:  9  Emp FT:  5  Emp PT:  0  Mgrs:  1
Non Compete :  Miles:  20  Years:  5  Weeks Training:  6  Cost:   $0
Operating dys/hrs :  8:00AM-5:00PM (Mon.-Fri.) Closed (Sat.-Sun.)
Skills/Licenses :  General Contractor License
Business :  Is Relocatable: N    Is Home Based: Y    Is a Franchise: N    Is Lender P/Q: Y    May Qualify For Visa: Y



Data Source P/L Statement Tax Return Tax Return  
Year (Cash Flow) 2025 (N) 2024 (N) 2023 (N)  
Gross Revenue 2,194,067 1,359,861 1,559,270  
Cost of Goods 1,478,380 737,642 928,273  
Gross Profit 715,687 622,219 630,997  
Expenses 561,048 513,426 601,883  
Net 154,639 108,793 29,114  
Owner Salary 55,468 55,468 115,828  
Benefits 107,802 104,520 102,205  
Interest Expense 958 214 631  
Depreciation 0 15,201 45,715  
Other 29,953 29,953 29,954  
Discretionary Earnings 348,820 314,149 323,447  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 N* ___________ 0 N*
F F & E 10,000 Y* Total Assets 10,000 Y*
Leasehold 0 N*   *Included?  

Lease/Month: Square Footage: Building Type:
Terms & Options:   Expiration Date:

Lender Pre-Qualified Project Summary

 

Acquisition Costs Down Payment and Financing

 

Purchase Price  
 
 
 
 

 

 

 


Loan/Assumable - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  
Loan/Seller - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  
Loan/Other - Amt:  0   Mos: 0  Rate: 0.00   Mo Pmt: 0.00  

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