#1. Granite fabrication biz w/ $2.46M annual revenue

🏷️ Asking Price: $1,980,000

📍 Location: Duval County, FL

Overview: This granite countertop fabrication business has built a strong reputation, servicing a diverse client base of builders, cabinet companies, remodelers, commercial contractors, and cabinet refacing companies. Known for its high-quality products and excellent service, the business is well-positioned for growth. New construction accounts for 20% of revenue, commercial customers for 10%, and the largest customer represents 8%. The current owner is looking to retire, presenting a unique opportunity for a new owner to capitalize on an established, profitable operation.

Key Highlights ✅

• ~$2.46M annual revenue

• ~$650K annual SDE

• $263K FF&E (included)

• $20K inventory (included)

• SBA pre-approved ($213K down)

Growth Avenues 🚀

• Enhance marketing efforts, including online advertising, social media campaigns, and partnerships with real estate and construction firms to attract more residential and commercial clients. Investing in a robust CRM system could improve customer relationship management and retention.

• Form alliances with more builders and contractors, offering exclusive deals or bundled services to secure long-term contracts.

Potential Risks 🚩

• Granite supply can be subject to disruptions, causing delays and increased costs. Establishing strong relationships with multiple suppliers and maintaining a buffer inventory can help manage this risk. Monitoring market trends and adjusting procurement strategies will also be important.

Questions❓

• What are the details of the most significant contracts with current customers, and are they transferable to the new owner?

• How many employees does the business have, and what are their roles?

• Do employees or the owner hold key relationships with builders, cabinet companies, and commercial contractors?

👉 Check Out The Listing Here

#2. Commercial framing & drywall subcontractor w/ $583K annual SDE

🏷️ Asking Price: $1,200,000

📍 Location: Seminole County, FL

Overview: This established commercial framing and drywall subcontractor has been in business for over 20 years. It is known for its high-quality work and reliable service, primarily catering to general contractors. The business has generated a robust client base and secured long-term contracts, contributing to its consistent revenue stream. The company operates with a skilled workforce, a fleet of modern equipment, and maintains a strong reputation in the industry, making it a compelling acquisition opportunity.

Key Highlights ✅

• ~$4.37M annual revenue

• ~$583K annual SDE

• 20+ employees (full and part-time)

• Trucks, trailers, and tools included

Growth Avenues 🚀

• Introducing additional services such as insulation, painting, or even full construction management could attract a broader client base. These complementary services can be cross-sold to existing clients.

• Forming alliances with more GCs and developers can lead to a steady pipeline of projects. Attending industry events and networking can help establish these relationships.

Potential Risks 🚩

• A significant portion of revenue coming from a few major clients can be risky. Losing a key client could have a substantial impact on the business.

• The construction industry faces ongoing challenges with skilled labor shortages. Difficulty in hiring or retaining skilled workers could affect project timelines and quality.

Questions❓

• What are the specifics of the current contracts with general contractors? Are these contracts long-term, and what are their renewal terms?

• What is the condition of the equipment and vehicles included in the sale? Are there any leases or loans attached to these assets?

• What systems and processes exist for project management, quality control, and cost management?

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#3. Property management co. servicing 21 HOAs

🏷️ Asking Price: $1,279,000

📍 Location: Frisco, CO

Overview: This profitable property management business was established in 2012 by its current owners. The business is known for offering the highest level of personal service and technology integration to its clients. It provides a wide array of services including association management, property management, snow management, consulting, and parking management. The company has experienced significant growth in the past three years and enjoys a strong reputation in the area it serves. The company is SBA pre-approved and seller financing is available.

Key Highlights ✅

• ~$1.35M annual revenue

• ~$345K annual SDE

• $170K FF&E (included in asking price)

• Serves 21 HOAs

• 14 employees (10 full-time)

Growth Avenues 🚀

• The new owner could expand into short-term rental management, residential homes, or commercial properties

• Enhance marketing efforts to attract more HOAs and property owners in the rapidly growing resort community

Potential Risks 🚩

• Although similar businesses exist in the area, they have a minor impact on the workload currently, but increased competition could impact future growth

• A large portion of revenue coming from HOAs means losing a major client could impact the business significantly

Questions❓

• What are the terms of the current contracts with the 21 HOAs, and are these contracts long-term with renewal terms?

• What is the current team structure, and are there key employees whose departure could significantly impact operations?

• What are the costs associated with acquiring new HOA clients?

👉 Check Out The Listing Here