Home Renovation Company

– Located in Broward County, FL

– Business started in the 70’s. This owner has been doing it for 30 years.

– Mostly residential, some commercial. No new construction

– Most of the work is anything interior and can do some exterior as well

– 2 owners, 1 sales manager, 1 warehouse worker, 1 driver, 1 permit runner, 1 salesperson, 1 bookkeeper, and about 30 subcontractors

– Owners do the bidding mostly. 1 of the owner holds the GC license

– One key man in the business

– Most of the employees have been around 20+ years

– Service area: Miami-Dade County, Broward County, and some Boca Raton

– $200,000 – $300,000 in sellable inventory coming with the sale

– 1 vehicle, 2 forklifts, and everything in the warehouse coming with the sale

– Pipeline of jobs to walk into

– 28 jobs going on currently. Most of the time its 30+

– GC license needed for the business. Owner willing to qualify, if needed

– No advertising. All organic via Google and referrals

– On track to hit same revenue as 2024

– Some seller financing available depending on the rest of the structure of the offer

– Approved by SBA for $1,800,000. Would prefer to use my lenders if the buyer is going the SBA route.

– Reason for the sale: owners have been doing this for so long they just want to get into flipping homes just doing 2-3 a year.