Profitable Tampa Bay Building Demolition and Remodeling Company

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Seller has business poised for growth
Asking Price:
$275,000

Gross Revenue:
$1,270,000
Cash Flow:
$106,400
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A successful and profitable building demolition and remodeling contractor in the Tampa Bay area that has an outstanding reputation for quality and timely work. The Company has a team of reliable sub contractors in place; has efficient and effective processes in place; and has training materials in place in order to streamline Company practices; all that contribute to an outstanding safety record and Company reputation. The owners would be willing to stay on for an extended transition period, and one of them, who is the qualifying license holder, would be willing to qualify the business for a period of time. 2019 figures are annualized through May 2019. Great potential for growth.

Owner will consider Seller Financing for well-qualified Buyers up to these approximate terms - $137,500 down / $137,500 Seller Note / 7.5% / 5-year term. Annual debt service will be = +/- $33,067. Seller note will include a balloon payment for the remainder of the note balance at the end of the third year. Balloon payment will be approximately $64,000.

Don’t miss out on this outstanding opportunity. Interested in learning more? For a complete presentation please contact Tim Bellon at 813-260-3127.

Important Notice: This is an operating business being offered for sale confidentially. Interested parties must complete and return a Non-Disclosure Agreement, and a Buyer’s Profile. Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.

About the Business

Location:
Florida
Year Established:
2017
Number of Employees:
2
Relocatable:
Yes
Facilities:
Business is based out of a small executive office that could easily be done without as this business could be operated as a home based business.
Market Outlook/
Competition:
There are a number of competitors in the area.
Growth & Expansion:
Partners will discuss in person and a number of opportunities are addressed in the confidential business review.
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About the Sale

Reason For Selling:
Partners have other interests.
Training/Support:
Two weeks at no cost, although the partners would be willing to stay on for a longer period of time.
Seller Financing:
$137,500 / 7.5% / 5 years

Listing Info

ID:
1656882
Ad Detail Views:
0

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Business Listed by

Tim Bellon

VR Business Sales of South Tampa
License# BK3268013

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