Listing No: BBF-966-55332  
   

 

Category :  Construction SIC :  1799  
Detail :  Contractor Paving Price :  1,400,000  
County :  Sarasota Down :  1,400,000  
State/Prov :  Florida Disc Earn :  526,680  
Country :  USA Sales :  2,427,406  

Sunbelt Business Brokers is proud to offer this Sarasota based paver installation company for an asking price of $1.4M. The business is family-owned and has been built on the know-how of the founders’ years of experience, applying that knowledge to construct a solid company with a quality reputation. The family has set the next owner up for success with established processes and steady sales growth.

The company focuses on contractually installing pavers exclusively, a specialization that keeps the business and installation crews focused. The pavers market has great upward growth momentum, and includes applications like replacement and new driveways, pools, walkways, patios, firepits, commercial projects, and more.

The business generates $468,851 SDE on revenues of $2,427,406 weighted average for the past two years. FFE is estimated at $172,000.

Two of the sellers are ready to start semi-retirement by slowing down and focusing on their side business, thus opening the opportunity for the new owner. The sellers believe in the business, know how to grow it, and will stay on to train the new owner, potentially longer-term if needed. The sellers will also offer significant seller financing for the right buyer, further displaying their confidence in the business.

The business serves Sarasota and the surrounding communities of Bradenton, Lakewood Ranch, Parrish, North Port, etc., a prime market for business as one of the fastest growing areas of gulf coast Florida. Expansion into the Tampa area is also a way to leverage the model to even greater success. Great growth potential. Don’t wait, this business won’t last long.


Business Name :  
Address :  
Seller :  
Listing Type :  EXCLUSIVE RIGHT OF SALE Date Revised  :  6/17/2024
Listing Office is :  TRANSACTION BROKER Code 
ERC Code 
:
:
 
 
Documents on File :  Equipment List:  Y     Lease: Y    Corp Resolution: Y
  :  Cash Flow: N     Balance Sheet:  N
  :  Standard Agreement: N     Signature on File: Y
Showing Remarks :  CALL BROKER TO SET UP A MEETING

Reason for Sale :  Semi-retirement and other business interests
General Location :  Sarasota, FL
Organization Type :  'LLC'     Hours Owner Works: 40
  : Years Established: 4  Years Owned:  4  Emp FT:  3  Emp PT:  2  Mgrs:  0
Non Compete :  Miles:  200  Years:  5  Weeks Training:  24  Cost:   $0
Operating dys/hrs :  9:00AM-5:00PM (Mon.-Fri.) Closed (Sat.-Sun.)
Skills/Licenses :  None
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: Y    Should Qualify For Visa: Y

Data Source Tax Return Tax Return    
Year (Cash Flow) 2023 (N) 2022 (N) (N)  
Gross Revenue 2,427,406 1,441,937 0  
Cost of Goods 1,627,699 897,136 0  
Gross Profit 799,707 544,801 0  
Expenses 653,789 495,019 0  
Net 145,918 49,782 0  
Owner Salary 189,918 90,056 0  
Benefits 90,253 88,998 0  
Interest Expense 81,509 5,398 0  
Depreciation 19,082 176,788 0  
Other 0 0 0  
Discretionary Earnings 526,680 411,022 0  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 N* ___________ 0 N*
F F & E 172,000 Y* Total Assets 172,000 Y*
Leasehold 0 N*
*Included?  

Lease/Month: 1564 Square Footage: 1251 Building Type: Office Building
Terms & Options: New lease terms available Expiration Date: 4/30/2027

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  

RONALD MARK VANDIVER Office :  (855) 969-3534  
ASSOCIATE Fax :    
  Home :  (314) 971-0984  
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (314) 971-0984  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com