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Florida Contractor With Strong Business And Growth! (37844) For Sale

West FL Coast., Florida, US
Asking Price:
$2,950,000 Furniture / Fixtures included
Sales Revenue:
$6,943,954
Cash Flow:
$847,553

The company runs itself with management team in place! Situated in the Western Coast of Florida, multi-licensed special-trade contractor specializes in both Residential (40%) and Commercial (60%) structural framing and concrete work with an ongoing focus for quality. With long-standing clientele and partnerships, the increase of volume in the niche framing & concrete markets provides opportunity in taking business to the next level without increasing overhead. In addition, thanks to its earned reputation and flexibility, the business can easily pivot into rebuild and remodel operations in high demand post natural disaster. The Revenues for 2022 reached $6,943,954 along with Discretionary Earnings of $847,553 while targeting 2023 Gross Sales Projections of $7.2 Million! From the building of 10,000 square feet the business uses 2,500 sq. ft. of clerical space with reception, conference room, and offices, plus 2,500 sq. ft. of warehouse area with garage doors and polished flooring. Found in top condition, valued around $2.2M, the seller prefers to sell property alongside, the business and leases out 50% of the facility, resulting in extra income. Experienced personnel of approximately 50 nonunion employees are most likely to remain post-sale and continue owner-absentee operations after a smooth and negotiable transition to acclimate Buyer. Besides a maintained website, verbal testimonials and referrals from a large, recurring customer base, fresh efforts like online engagement and new advertisings are backed by reputations in several regional markets. If desired, a residential TX business is also available!

Property Information

Real Estate:

Lease

Location:

Property valued at $2,200,000 preferably sold at time of sale for its additional cost.

Premises Details:

Features current includes Receivables of $1,107,127.

Size in square feet:
10,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 7AM - 5PM.

Employees:
50 nonunion.
Years established:
2008

Other Information

Support & training:

Can run absentee operations after a smooth and negotiable acclimation period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$1,190,974 - included in the asking price
Relocatable:
This business can be relocated.