Florida Commercial Building Contractor - Long-Term Clients

This is an established commercial construction and design/build company based in Florida, boasting a solid reputation for excellence. The business has a proven track record across various sectors including medical, office, retail, educational, storage, restaurant, religious, and municipal projects. In 2023, the company achieved $18.7 million in revenue with Seller's Discretionary Earnings (SDE) of $0.71 million. Despite some project delays in early 2023, most have restarted, with management projecting SDE to reach $1.5 million by the end of 2024. A significant portion of revenue (70%) comes from long-term clients and repeat business, minimizing reliance on bidding. The company has a robust project pipeline valued at $41.7 million in contracted projects and $10 million in signed agreements. The owner is seeking retirement after decades in the industry and is open to providing 6-9 months of part-time consulting support during the transition. Growth opportunities are strong, driven by Florida's population increase and demand for storage and assisted living facilities.