Active
Established Commercial & Residential Remodeling Business

Listing No: BBF-966-52955 |
Category | : | Construction | SIC | : | 1521 | |
Detail | : | Contractor Home Improvement | Price | : | 990,000 | |
County | : | Sarasota | Down | : | 990,000 | |
State/Prov | : | Florida | Disc Earn | : | 342,893 | |
Country | : | USA | Sales | : | 1,472,947 |
Unique, well established design & build construction & remodeling business specializing in custom remodeling with a unique focus on middle and upper market commercial & residential clients. Provides custom remodeling services for residential whole house & condominium remodels, custom kitchen & bath remodels & commercial office space remodels and build outs. The company maintains an unparalleled reputation throughout the Southwest Florida marketplace and has maintained steady year over year growth. Excellent opportunity for continued expansion based on the South West Florida marketplace & continued high demand for renovations and custom homes. Residential and commercial building growth and development is exploding in South West Florida area providing excellent growth potential for the new owner.
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Showing Remarks | : | CONTACT BROKER FOR ADDITIONAL INFORMATION |
Reason for Sale | : | Retirement |
General Location | : | South West Florida |
Organization Type | : | Corp 'C' Hours Owner Works: 40 |
: | Years Established: 23 Years Owned: 23 Emp FT: 6 Emp PT: 0 Mgrs: 1 | |
Non Compete | : | Miles: 125 Years: 3 Weeks Training: 4 Cost: $0 |
Operating dys/hrs | : | Monday through Friday - (9.00am through 4.00pm) |
Skills/Licenses | : | General Contractors License |
Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
Data Source | P/L Statement | P/L Statement | P/L Statement | |
Year (Cash Flow) | 2022 (N) | 2021 (N) | 2020 (N) | |
Gross Revenue | 1,472,947 | 2,615,594 | 1,278,698 | |
Cost of Goods | 880,052 | 2,047,792 | 677,350 | |
Gross Profit | 592,895 | 567,802 | 601,348 | |
Expenses | 452,126 | 440,150 | 496,291 | |
Net | 140,769 | 127,652 | 105,057 | |
Owner Salary | 163,419 | 153,328 | 159,840 | |
Benefits | 0 | 0 | 0 | |
Interest Expense | 2,587 | 159 | 4,399 | |
Depreciation | 18,619 | 26,000 | 43,615 | |
Other | 17,499 | 16,893 | 27,303 | |
Discretionary Earnings | 342,893 | 324,032 | 340,214 |
Accounts Rec | 0 | N* | Real Estate | 0 | N* |
Inventory | 0 | N* | ___________ | 0 | N* |
F F & E | 299,875 | Y* | Total Assets | 299,875 | Y* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: 900 | Square Footage: 2000 | Building Type: Warehouse |
Terms & Options: Currently Month to Month/Negotiable | Expiration Date: 6/30/2021 |
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 |
EDWARD BELL | Office | : | (941) 667-1616 | |
ASSOCIATE | Fax | : | ||
Home | : | |||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (941) 667-1616 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | [email protected] | ||
USA | Home Page | : | sunbeltofflorida.com |
Listed By: Edward Bell
Background information
Reference:
52955
Finance
Sales:
$1,472,947
Profits:
$342,893
Profit type:
Discretionary Earnings
Price and terms
Price:
$990,000