South Florida Demolition and Construction Company

Business Description

For sale is a family-owned 8-year-old company based in South Florida that does residential and commercial debris removal, interior/exterior demolition and construction. Their work is 75% residential and 25% commercial.

The brand has immense visibility and recognition throughout South Florida. Their first division is the flagship moneymaker and funnel for the brand. Typically, a client will book a job through them and then the staff is able to upsell satisfied customers on other services offered through their additional four companies. Clients can use the companies a la carte, though most like the fact that they can deal with only one contractor for multiple phases and more than 70% of customers use two or more of the companies.

The business is 100% remote and has very low overhead. They have experienced YoY growth despite having put no budget into marketing efforts for the past three years. The company has a state CGC license and a CUC license attached to it — these licenses are extremely valuable and difficult to acquire and would stay with the business for a new owner.

The owner has partners in the divisions who essentially run all of the day-to-day operations. Each of them would be willing to stay on as employees for a new owner. The owner and her husband, the COO, are also open to potentially staying on in consulting roles.

Financial Overview

Asking Price: $5,500,000

Revenue: $4,914,282

Income: $1,163,652

Multiple: 4.7x

The listing is either pending or closed so the NDA cannot be signed