Price: $5,995,000
Location: Palm Beach County, FL
Industry: Other Building and Construction
Listing ID: 51809
Listing Status: Sold
Exterior Stairs Specialist Turnkey Business
This 14-year-old, Custom Fabricated Interior and Exterior Stairs specialist is a turnkey business being sold with the real estate included. They work with new construction and remodeling projects, for residential homes. This is a one-stop shop for exquisite stairs for the higher end clientele they cater to. Offering the most complete custom stair and railing available in the industry. Entirely customizable wood, stainless steel, aluminum, wrought iron, and glass applications for interior and exterior stairs. The High-end clientele feel the quality and craftsmanship of a well-built staircases. This company works with the individual as well as custom builders locally.
This company takes great pride in executing custom designs and pre-designed drawings to exact specifications. Numbers are consistently growing and typically run between 80-90 jobs at any given time. Currently there is about 130 jobs in production.
They source only the highest quality materials and products that consistently result in beautifully crafted stairs. Their attention to specification details saves time and money when it comes to the installation phase on the jobsite.
Financials include a Fair Market Rent Adjustment, and replacement salary. 2022 numbers are looking to be over 20% growth.
$750,000 of inventory included in the asking price. Very clean books and records, 28 employees. Excellent Business for EB-5, L-1 and E-2 Visas.
Owner can assist with a longer transition if needed, and some seller financing will be offered to the right buyer.
Specialty license is needed, but the seller can qualify. Only working in Palm Beach, Broward and Martin Counties.
CONTACT LISTING BROKER NOW FOR MORE INFORMATION! Buyer's NDA and Proof of Funds required prior to releasing information.
HIGHLY CONFIDENTIAL LISTING!
This Florida based business for sale is presented by Sunbelt Business Brokers of South Florida, a division of SUNBELT, the largest organization of business brokers and M&A professionals in the world. With a local presence and global marketing reach, Sunbelt Business Brokers of South Florida has provided main-street and lower middle market business owners and buyers with unsurpassed deal expertise for nearly 20 years. For more information on this business for sale contact Mark Quinn at mark.quinn@sunbeltnetwork.com or 561-832-9222.
Total Sales: $5,106,683
Cash Flow: $1,038,484
FFE: $700,000
Inventory: $750,000