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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.

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 :  [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