Status: Active
Specialty Kitchen Construction Company – SDE $376k - Listing #: 58986
| *Lender Pre-Qualified* *May Qualify For Visa* | |
| Category | : | Construction | SIC | : | 1799 | |
| Detail | : | Specialized Home Improvement | Price | : | 950,000 | |
| County | : | Palm Beach | Down | : | 950,000 | |
| State/Prov | : | Florida | Disc Earn | : | 376,801 | |
| Country | : | USA | Sales | : | 1,869,484 |
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This highly rated Palm Beach area-based specialty construction and remodeling firm is being offered for sale for an asking price of $950,000. Established in 2013, the company was acquired and rebranded by the seller in 2023. The business is family-owned and operated, and the seller has set the next owner up for success with a quality reputation, established processes, and steady sales. The niche allows a focus of business opportunities in a lucrative specialty and has established the company as the leading supplier in the market segment. Currently serving upscale single-family homes, expansion into multi-family and commercial properties is a growth opportunity. The business has multiple five-star Google reviews. The business generates $376,801 SDE on revenues of $1,869,484. The existing FFE is detailed in the report below and is estimated at $175,000. The seller is ready to focus on a different aspect of business such as sales only or take a different career challenge. The seller believes in the business, knows how to grow it, and will stay on to train the new owner as needed short term or potentially longer-term in a sales only capacity if desired by the new owner. Currently the business serves Palm Beach, Martin and St. Lucie County and the surrounding communities which is a prime luxury and higher end market for business as one of the fastest growing areas of coastal Florida. Expansion from the area is also a way to leverage the model to even greater success. Great growth potential within a steady high-ticket market segment. |
| Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
| : | Cash Flow: N Balance Sheet: N |
| : | Standard Agreement: N Signature on File: Y |
| Reason for Sale | : | Other business interests |
| General Location | : | Palm Beach Area |
| Organization Type | : | 'LLC' Hours Owner Works: 50 |
| : | Years Established : 13 Years Owned: 3 Emp FT: 3 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 50 Years: 2 Weeks Training: 3 Cost: $0 |
| Operating dys/hrs | : | 7:00AM-5:00PM (Mon.-Fri.) Closed (Sat.-Sun.) |
| Skills/Licenses | : | FDACS Master Gas Qualifier Certificate etc. |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: Y May Qualify For Visa: Y |
| Data Source | P/L Statement | Tax Return | ||
| Year (Cash Flow) | 2025 (N) | 2024 (N) | (N) | |
| Gross Revenue | 1,869,484 | 2,103,449 | 0 | |
| Cost of Goods | 427,851 | 1,612,254 | 0 | |
| Gross Profit | 1,441,633 | 491,195 | 0 | |
| Expenses | 1,241,390 | 507,014 | 0 | |
| Net | 200,243 | -15,819 | 0 | |
| Owner Salary | 110,631 | 130,000 | 0 | |
| Benefits | 65,927 | 108,658 | 0 | |
| Interest Expense | 0 | 0 | 0 | |
| Depreciation | 0 | 5,389 | 0 | |
| Other | 0 | 33,333 | 0 | |
| Discretionary Earnings | 376,801 | 261,561 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 20,000 | Y* | ___________ | 0 | N* |
| F F & E | 175,000 | Y* | Total Assets | 195,000 | Y* |
| Leasehold | 0 | Y* | *Included? |
| Lease/Month: 6,885 | Square Footage: 3,224 | Building Type: Stand alone |
| Terms & Options: New long-term lease avail | Expiration Date: 4/27/2030 |
| 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 |
| NAPLES, FLORIDA 34105 | : | rvandiver@sunbeltnetwork.com | ||
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