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Unique and Luxurious Construction Business in Booming Market


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 Email :   [email protected]  
USA Home Page :   www.sunbeltnetwork.com/naples-fl

 



Condo

Background information

Reference:

NAPFL001-N53

Year established:

2003

Reason selling:

Retirement

Finance

Sales:

$4,947,975

Profits:

$1,018,572

Profit type:

Discretionary Earnings

Operations

Employees:

6 FT employees

Equipment:

Equipment list upon request.

Inventory:

inventory is based on the current jobs and their requirements

Premises

Facility:

Home based, would need to rent a space for storage of equipment and supplies. Negative rent add back included.

Square footage:

3600

Rent and lease terms:

Homebased, would need to rent a space for storage of equipment and supplies.

Location:

Southwest Florida

Opportunities

Growth:

Growth and expansion can be accomplished with an increase in staff. The work is always in demand with changing tastes and new residents moving into the area on a consistent basis.

Market:

Competition is limited in the high end luxury market for construction in SWFL.

Price and terms

Price:

$2,200,000

Down payment:

$2,200,000

Financing:

No seller financing available.

Training:

6 weeks of training with the possibility of up to one year of support.