EDGEWATER, Florida
| Asking Price |
$899,000 |
Year Established |
2009 |
|
| Annual Revenue |
$2,142,774 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Demetri Venetos |
|
| Annual Cash Flow |
$0 |
Listing Number |
1003298 |
|
| # of Employees |
2 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Well-established general contractor specializing in custom homes, condo remodels, and high-end residential projects from Ormond Beach to Rockledge and DeLand.
The business is owner-operated with a streamlined structure and a stable network of 10–12 long-term subcontractors. Work is driven almost entirely by referrals from past clients, architects, and subs. No heavy marketing, yet the company typically maintains 5–7 new inquiries per month, 20–25 active clients per year, and currently has an estimated $1.4M backlog (about 7 months of work) across custom builds, additions, and remodels.
2025 performance supports Seller’s Discretionary Earnings (SDE) of roughly $315,000, based on confirmed owner compensation and addbacks. 2024 was temporarily impacted by a health-related slowdown, where the owner intentionally turned away work; 2025 results are a better reflection of ongoing earning power.
Operations are simple and repeatable: owner-led estimating in Excel, daily job logs on all projects, and hands-on supervision in the field. Key subcontractors and an established lead in the field help run jobs without the owner physically present at all times. There are no known lawsuits or significant warranty issues.
The seller holds the General Contractor license and is prepared to support a 6–12 month transition, including remaining as a qualifying agent under agreed terms and consulting thereafter if desired. This is a strong fit for a licensed GC or construction group looking for immediate backlog, a reputation-based pipeline, clean books, and a clear path to scale condo and custom home work further.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity