37-Year-Old General Contractor

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$1,350,000 $2,431,179

Services: Construction, Contractors


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RE: 37-Year-Old General Contractor Broker: Randy Bring
License #: SL687673

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $2,431,179
Net Profit: $422,717
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 7
BBN Listing #: 468630
Broker Reference #: 0101469812

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Business Overview:

This 37-year-old business provides contractor renovation and maintenance services to a number of S.E. Florida property management firms who oversee multi-family residential units. Firm does no new construction and no work on security gates or cameras. Handles approximately 200 repair-reno-maintenance tickets a month at an average of $1,100 per work order. Steady blue-chip customer base year over year. The purchase price includes $225,000 of Seller's accounts receivable to ensure sufficient working capital for Purchaser as well as all trucks, office, working equipment and tools. Seller has reached retirement age and is ready to relocate after an agreed upon comprehensive transition period. Seller will also consider license qualifying for experienced Buyer if needed. Can be relocated anywhere in Broward County. 100% Tax Return records, likely an ideal E-2 Visa investor business and possibly qualify for SBA 7-A loan program. Please refer to listing #0101469812 & ask for Randy Bring when inquiring.

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Property Features and Assets:

2,000 square feet office/garage/WH @ $1,957/month.

Market Competition and Expansion:

Unknown/Unlimited

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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