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Home Renovation Company in South Florida

Broward, FL, US

Added 1 month ago

Home Renovation Services

56 years in business

Retiring Owner

A home renovation company in South Florida, established over 40 years ago, focusing on residential and some commercial projects.

Asking

$2.2M

Revenue

$4.2M

Earnings

$530K

Multiple

4.2x

2024 gross sales: $4,199,670
2024 adjusted net income: $529,992
2023 gross sales: $4,832,439; 2023 adjusted net income: $805,546
2022 gross sales: $3,000,976; 2022 adjusted net income: $421,298
Business established for 56 years; current owner for 30 years
Located in Broward County, FL; service area includes Miami-Dade County, Broward County, and some Boca Raton
Staff includes 2 owners, 1 sales manager, 1 warehouse worker, 1 driver, 1 permit runner, 1 salesperson, 1 bookkeeper, and about 30 subcontractors
$200,000 - $300,000 in sellable inventory, 1 vehicle, 2 forklifts, and all warehouse contents included in sale
28 jobs currently in progress; typically 30+ jobs ongoing
GC license required; owner willing to qualify if needed
SBA approved for $1,800,000
No advertising; all business generated organically via Google and referrals

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40+ Year Old Home Renovation Company For Sale in South Florida - Business for Sale