Remodeling Business Thriving on Referrals — Sale in Siesta Key, FL

  • Price: $950K
  • Listing type: For sale
  • Asset type: Business
  • Location: Siesta Key, FL

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Remodeling Business Thriving on Referrals — Sale in Siesta Key, FL, photo 1 of 1

Description

Serving the upscale and exclusive location of Siesta Key, Florida and the nearby Sarasota area, thisremodeling and renovation company thrives on referrals from one satisfied customer after another and isbeing offered for an asking price of $950,000.Family-owned and operated, the company has a long-term quality reputation earned through the years. The sellers are ready for retirement, and the business is poised for the next owner to step into the successful model and capitalize on the established sales and operations processes.Established in 2005, and owned by the sellers since 2017, the company excels at high-end condo renovationsfor homeowners who have an average of two or three homes. Marketing is almost exclusively by word ofmouth. As an example, the company has completed total renovation at one complex on Siesta Key on 180 unitsout of 392 units, not including partial jobs, each neighbor referring the next. The company has extensiveexperience in renovation, remodeling, permitting, and general contractor needs. Unlike most of theircompetitors they can serve fewer customers (average 5-10 per year vs. 40+ for others) with a higheraverage revenue, maintaining profit margins in the 20%+ range.The business generated a weighted average of $329,005 Seller Discretionary Earnings on per yearrevenues of $1,704,399 average from 2023 – 2025, including 2025 revenue at $2,194,067.The sellers will stay on to transition the business over to the new owner as needed up to six monthsincluding customer, employee, and vendor relations. General Contractor license coverage available.The business is poised for growth for the next motivated owner if desired or to simply run as it is to greatsuccess. Don’t wait, this business won’t last long.

Market Context

This commercial property in Siesta Key, FL is listed for sale at $950,000. Compare it against other commercial property listings for sale in Siesta Key, FL — view the full market.

Contact

  • ron vandiver — sunbelt
  • Ron Vandiver

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