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21 year established "high-end" residential construction Company
Building and Const. Services - General Building Contractors | Building and Const. Services - Other Services
| Asking Price: | $400,000 | Inventory: | |
| Gross Revenue: | $2,749,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $163,765 (comments below) | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Revenues have held furing the Real estate crisis | |||
| Cash Flow Comments: Cash flow has suffered as margins reduce | |||
This Company is one of the Premier Luxury Estate Home Builders in the area. They also perform property management and renovation services to their long established client base. New clients are obtained through referrals and architects and land developers.
About the Business
Year Established:1988
Employees:7 full time -
Relocatable:Yes
Facilities:3000 sq. ft. (more than needed), owned by family members.
Market Outlook and Competition:real Estate is starting to rebound here in Florida as realistic pricing has appeared. Current inventory is being sold, and new construction is beginning to appear.Renovation business is strong.
About the Sale
Management Training and Support:Owner will transition
Reason For Selling:Family issues
Seller Financing:Might be a possibility if properly secured with assets.
KEYWORDS: High-End luxury estates in an affluent area of Sotuheastern Florida. Company is well known, and has be recognized for it's skills. Competent staff and crew. Family problems forces this sale.Owner will transition. Key employees will stay.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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