Status: Sold
Remodeling Business in Rock Solid Market - Listing #: NAPFL001-N53
| Category | : | Construction | SIC | : | 1521 | |
| Detail | : | Contractor General | Price | : | 2,200,000 | |
| County | : | Collier | Down | : | 2,200,000 | |
| State/Prov | : | Florida | Adj Net | : | 1,018,403 | |
| Country | : | USA | Sales | : | 4,947,975 |
| Luxury high end construction and renovations business creating some of the most unique and beautiful homes in SWFL.Trusted and sought after by the most affluent customers in SWFL for their highly publicized creations. Incredibly well run and organized, this business is great for a GC to acquire and continue a legacy or a larger construction company to enter the luxury market. |
| Reason for Sale | : | RETIREMENT |
| General Location | : | Southwest Florida |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| : | Years Established : 16 Years Owned: 16 Emp FT: 6 Emp PT: 0 Mgrs: 0 | |
| Non Compete | : | Miles: 150 Years: 3 Weeks Training: 6 Cost: 0.00 |
| Operating dys/hrs | : | M-Sat 7-5pm |
| Skills/Licenses | : | General Contractor License |
| Business | : | Is Relocatable: Y Is Home Based: Y Is a Franchise: N Is Lender P/Q: N May Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | |||
| Year (Cash Flow) | 2018 (N) | 2017 (N) | (N) | ||
| Gross Revenue | 4,947,975 | 8,457,621 | 0 | ||
| Cost of Goods | 3,410,307 | 7,237,728 | 0 | ||
| Gross Profit | 1,537,668 | 1,219,893 | 0 | ||
| Expenses | 990,548 | 1,149,524 | 0 | ||
| Net | 547,120 | 70,369 | 0 | ||
| Owner Salary | 421,829 | 511,078 | 0 | ||
| Benefits | 42,183 | 51,108 | 0 | ||
| Interest Expense | 1,264 | 1,510 | 0 | ||
| Depreciation | 27,721 | 14,179 | 0 | ||
| Other | -21,714 | -21,714 | 0 | ||
| Owner Benefit | 1,018,403 | 626,530 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 5,000 | N* | ___________ | 0 | N* |
| F F & E | 150,000 | Y* | Total Assets | 150,000 | Y* |
| Leasehold | 0 | N* | *Included? |
| Lease/Month: | Square Footage: | Building Type: |
| Terms & Options: | Expiration Date: |
| 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 |
| GREGORY T. BELL | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | (913) 226-7735 | |
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | (866) 985-8735 | |
| 3510 KRAFT ROAD | Cell | : | (913) 226-7735 |
| NAPLES, FLORIDA 34109 | : | gbell@sunbeltnetwork.com | ||
| USA | Home Page | : | www.sunbeltnetwork.com/naples-fl |