Remodeling Business Thriving on Referrals

SARASOTA, Florida

Asking Price	$950,000	Year Established	2005
Annual Revenue	$2,194,067	Reason for Selling	Retirement.
Annual P/L		Attention	Ron Vandiver
Annual Cash Flow	$348,820	Listing Number	1006171
# of Employees	5	Business Category	Services: Construction, Contractors

Business Overview:

Serving the upscale and exclusive location of Siesta Key, Florida and the nearby Sarasota area, this remodeling and renovation company thrives on referrals from one satisfied customer after another and is being offered for an asking price of $950,000. Family-owned and operated, the company has a long-term quality reputation earned through the years. The sellers are ready for retirement, and the business is poised for the next owner to step into the successful model and capitalize on the established sales and operations processes. Established in 2005, and owned by the sellers since 2017, the company excels at high-end condo renovations for homeowners who have an average of two or three homes. Marketing is almost exclusively by word of mouth. As an example, the company has completed total renovation at one complex on Siesta Key on 180 units out of 392 units, not including partial jobs, each neighbor referring the next. The company has extensive experience in renovation, remodeling, permitting, and general contractor needs. Unlike most of their competitors they can serve fewer customers (average 5-10 per year vs. 40+ for others) with a higher average revenue, maintaining profit margins in the 20%+ range. The business generated a weighted average of $329,005 Seller Discretionary Earnings on per year revenues of $1,704,399 average from 2023 – 2025, including 2025 revenue at $2,194,067. The sellers will stay on to transition the business over to the new owner as needed up to six months including customer, employee, and vendor relations. General Contractor license coverage available. The business is poised for growth for the next motivated owner if desired or to simply run as it is to great success. Don’t wait, this business won’t last long.

Property Features and Assets:

The business utilizes a virtual office location offering a mailing address and conference room when needed, plus a small, leased warehouse space. The business can be run from virtually anywhere if the estimator is available for quotes in the Siesta Key | Sarasota area.

Market Competition and Expansion:

Unlike most of their competitors they can serve fewer customers (average 5-10 per year vs. 40+ for others) with a higher average revenue, maintaining profit margins in the 20%+ range.

Additional Details: