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NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/jason-hartman-hedgestone
Asking Price: $10,000,000.00
Gross Revenue (2025): $9,781,377.48
SDE (2025): $2,321,692.73
Add Backs (2025):
- Owner’s Salary: $156,000.00
- Interest: $17,624.47
- Owner’s Health Insurance: $69,873.25
- Personal Auto: $79,345.34
- Meals & Entertainment: $24,505.75
- Phone: $7,892.35
- Depreciation: $10,546.00
Annual Expenses (Major – 2025):
- Advertising: $22,807.00
- Dues & Subscriptions: $5,825.00
- Insurance: $114,818.50
- Payroll (Staff): $219,439.94
- Professional Fees: $69,500.00
- Software & Apps: $3,433.83
- Supplies – General: $7,830.20
- Travel & Lodging: $109,975.22
Business Summary:
This drywall contracting company operates a highly profitable and scalable subcontractor-driven model serving multi-family apartment developers throughout Florida, Georgia, and the broader Southeast. In 2025, the business generated over $9.1M in revenue and $2.3M in SDE, reflecting exceptional margins driven by minimal overhead and disciplined operations. Approximately 95% of all physical labor is outsourced to two long-standing subcontracting partners, while a lean internal team of 3–4 superintendents oversees quality control and project execution. The company maintains strong repeat business from 5–6 core builder relationships, providing consistent backlog and revenue visibility. The business is remotely operated and avoids the risks associated with self-performed labor models. Ownership has begun expanding services to include painting, creating immediate upsell opportunities on existing projects. This opportunity is well suited for a strategic buyer or investor seeking a high-margin, scalable construction platform.
Business Highlights:
- Established in 2015
- $9.1M+ revenue and $3.23M SDE (2025)
- Subcontractor-based model with 95% of labor outsourced
- Minimal internal payroll with only 3–4 superintendents
- Operated remotely
- Strong repeat revenue from 5–6 multi-family builders
- Coverage across Florida, Georgia, and the Southeast
- Lean cost structure drives outsized profitability
- Painting division being introduced to expand contract scope
- Attractive platform for strategic or financial buyers
Growth Opportunities:
- Expand painting services across all existing drywall contracts
- Increase project volume by adding estimating or project management staff
- Enter new Southeast markets using the current subcontractor model
- Deepen relationships with regional and national builder networks
- Introduce additional trades such as flooring or finishing services
Reason for Selling:
The owners operate another business and are exploring an exit from this company to focus their time and capital elsewhere.
License #SL3587465 Broker Name: Steinberg RE Holdings, Inc. License Number: #BK3614108
