Lucrative Stucco Business, No Special License Need

Business Overview:

This lucrative stucco company offers a prime opportunity in the flourishing construction sector of central Florida. After multiple decades of developing the business, the current owners are looking to hand the company over to a buyer who is able to build upon its solid reputation and take advantage of the potential for growth offered by the influx of new residents. They have well-established relationships with a wide range of contractors and builders with a diversified client base.

• 15 long-term W-2 employees in place
• Approximately 150 projects compledted per year
• No single customer accounts for more than 10% of revenue
• Minimal licensing requirements
• Great books and records in place

The owners are willing to stay with the business for up to 6 months post-closing if needed to ensure a smooth transition for the buyer, and to help them drive the business forward.

 

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Market Competition and Expansion:

The company has experienced a strong start to 2024 and further growth can be achieved by adding to the three existing crews, expanding into the commercial sector where they are currently having to turn down work, increasing the geographical service area of the business, or implementing a marketing campaign to attract new customers as all of the work currently comes from existing clients or referrals.

Reason for Selling:

Discuss with the seller.

Additional Details:

Documents:

Relevant Links:

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