Qualified buyer will receive $100k of Working Capital at Loan Closing
This lucrative stucco company represents a prime acquisition opportunity in the flourishing construction sector of central Florida, offering the chance for a buyer to take advantage of the booming market. After multiple decades of developing the business, which is known for its exceptional service, the current owners are looking to retire and hand the company over to a buyer who is able to build upon its solid reputation, skilled team of employees, and take advantage of the potential for growth offered by the influx of new residents to the state of Florida.
The company has experienced a strong start to 2024 and further growth can be achieved by adding to the three existing crews, expanding into the commercial sector where they are currently having to turn down work, increasing the geographical service area of the business, or implementing a marketing campaign to attract new customers as all of the work currently comes from existing clients or referrals.
The company has well-established relationships with a wide range of contractors and builders to ensure a diversified client base that means no single customer accounts for more than 10% of revenue. There are 15 long term, experienced employees in place, all of whom are W-2, and the business completes approximately 150 projects per year.
There are minimal licensing requirements for operation which further simplifies management of the business, making it an ideal opportunity for individuals with business acumen or those seeking to enter the construction industry. The current owners have not sought to grow the business but are confident that an ambitious new owner could leverage the booming market to drive significant growth in revenue. There are GREAT BOOKS AND RECORDS in place.
The owners are willing to stay with the business for up to 6 months post-closing if needed to ensure
a smooth transition for the buyer, and to help them drive the business forward.
This business has been SBA Lender prequalified. A buyer who wishes to use SBA must also be prequalified with an SBA Lender.
