**NDA Required for address**
NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min
Asking Price:
$13,400,000
Gross Revenue:
$16,089,818.75
SDE (Seller’s Discretionary Earnings):
$2,697,518.13
– Florida Net: $1,750,806.96
– Georgia Net: $360,218.00
– Add Backs Total: $586,493.17
Add Backs:
• Auto: $60,877.33
• Depreciation: $35,076.00
• Employee Benefits: $56,322.70
• Interest: $14,692.76
• Meals & Entertainment: $13,117.30
• Owner Salary: $399,550.79
• Phone: $6,856.29
Annual Expenses:
• Advertising: $47,570.48
• Consulting: $55,042.00
• Dues and Subscriptions: $6,915.00
• Education and Training: $10,000.00
• Insurance Expense: $192,495.79
• Office Supplies: $5,890.37
• Payroll Tax Expense: $30,855.69
• Payroll Processing Fees: $1,610.90
• Postage and Shipping: $1,546.34
• Professional Fees: $37,410.00
• Software and Apps: $3,139.03
• Supplies – General: $4,122.29
• Travel and Lodging: $111,707.30
Business Summary:
This subcontractor is a highly profitable drywall contracting business with over $16 million in annual revenue and approximately $2.7 million in Seller’s Discretionary Earnings (SDE). Operating with a lean, scalable, subcontractor-based model, the company provides drywall services to multi-family apartment developers across Florida, Georgia, and the broader Southeast region.
Roughly 95% of all physical labor is outsourced to two trusted subcontracting partners. The internal team is limited to 3–4 superintendents, allowing for quality control without the burden of a large payroll or labor liability. Most projects come from 5–6 repeat builder clients, ensuring a strong and stable pipeline.
After a period of rapid growth, the company is now strategically expanding its scope of services to include painting, further enhancing revenue potential on existing jobs.
Business Highlights:
• $16M+ revenue and $2.7M SDE
• 95% of labor performed by two subcontractors
• Core customer base: Multi-family builders (5–6 recurring relationships)
• 3–4 full-time superintendents oversee job sites
• Proven repeat revenue model
• Lean structure limits HR overhead and boosts profitability
• Paint division being introduced to increase contract scope and value
• Excellent opportunity for strategic buyers or investors seeking regional expansion
Growth Opportunities:
• Expand paint services into all current contracts
• Add estimating/project management staff to increase project load
• Enter new Southeast markets by replicating current subcontractor model
• Develop CRM or client outreach to win larger builder networks
• Introduce additional trades or services (flooring, finishing, etc.)
Reason for Selling: The sellers run another company and are exploring an exit for this business.
License #SL3587465 Broker Name: Steinberg RE Holdings, Inc. License Number: #BK3614108
Ad#:2396661
