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Listed by:

Core Corporate Advisors

Restoration Business In Sarasota For Sale

Sarasota, Florida, US
Asking Price:
$425,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$300,000
Cash Flow:
$207,000

Niche Recession proof restoration business.

20 years in business; same owner.

Excellent Reputation and Name Recognition.

No Competition.

Restore anything made of Wood, Metal or Stone.  

Close ties with City & County municipalities all along the Southwest Coast of Florida providing steady flow of work in Public Parks and Municipal Buildings.

The "Go To" Company for Cemeteries & Churches  in Sarasota County. Services provided include restoration of headstones & bronze plates as well as complete restorations of entire cemeteries. 

Long Term Agreement in place with St. Petersburg, Fla for the ongoing restoration and maintenance of all benches, light posts and trash cans for the city. The Company has completed $30,000 worth of work in St. Petersburg year-to-date 2021.

Other types of Restoration Services provided include, but are not limited to, monuments, fountains & bronze plaques.

Average Cash Flow/Owners Benefit for the past 3 years = $205,000. Highly scalable business with tremendous upside. Expanding the sales force on a commission only basis could increase Revenue and Cash Flow exponentially.

This is the only game  in town and  anything that is outside in the elements is constantly in need of restoration and maintenance.

Profit margin consistently above 70%.

A savvy buyer of the Corporate Office with a good marketing strategy could generate a huge income stream through the sale of Branch Locations. Owner has sold a number of Branch locations in different areas of the Country with very little effort. Similar to a Franchise without all of the fees and controls.

Creation of a robust website and implementation of an aggressive marketing plan could increase revenue substantially. Owner does very little marketing or advertising.

The company recently entered into a contractual agreement with the largest NATIONAL provider of Funeral, Cremation and Cemetery services in the Country which will provide consistent sales opportunities for both the Corporate Office and Branches, regardless of location.

Owners will provide extensive training in all Proprietary processes necessary to do the jobs. Additionally, Owners will train buyers in the Art of Etching.

Note: Business impacted by COVID19 in 2020.  January of 2021 has started off strong and owners are expecting this year to be similar to 2019.

Note: Power points and pictures available upon receipt of a signed NDA.

Property Information

Real Estate:

Lease

Lease Terms:

long term per arrangement with landlord

Leasehold Rent:

$10,800 per annum

Location:

Sarasota, Florida on the Southwest Coast of Florida

Premises Details:

Industrial Warehoue Builiding. Two Offices in front Warehouse/Shop in Rear. Roughly 1,800 Sq. Ft of Space.

Size in square feet:
1,800

Business Operation

Expansion Potential:

Upside is tremendous for tech savvy buyer who can develop a robust Website and implement an aggressive Marketing campaign. Current Owner does no Marketing or Advertising but is the only game in town and has an outstanding Reputation for Excellence. Close ties with both City & County Municipalities. Addition of Commission only Sales personnel and expansion via the sell of Branch locations all over the Country.

Competition / Market:

Niche Business, Virtually no Competition

Reasons for selling:

Owner has health issues.

Employees:
1 employee, two managers, plus access to additional help as needed for larger projects
Years established:
20

Other Information

Support & training:

Monday-Friday 8:00 A.M. to 5:00 P.M.

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

40% of purchase Price at 6:00%. Interest only monthly with Principal due in two years from date of closing.

Furniture / Fixtures value:
$5,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price
Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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