Price: $1,100,000
Location: Palm Beach County
Industry: Electronic and Electrical Equipment
Listing ID: 427347500
Listing Status: Under Contract
Highly established niche company specializing in the sale, installation, and service of elevators for luxury, high-end residential homes. The business serves builders and developers exclusively—not individual homeowners—and benefits from strong repeat business. Backed by a 25-year reputation for outstanding workmanship, the company is well regarded within its market.
The owner’s role is focused on preparing bids, securing permits, and supervising two employees during weekday operations. The company currently operates exclusively in Palm Beach and Broward Counties, Florida. There is significant opportunity to increase revenue and profitability by developing a website and expanding into additional territories, without increasing expenses.
The business is offered with attractive terms, including $500,000 down, with $600,000 in seller financing available for qualified buyers, amortized over 60 months at 6% interest.
Contact us today to get more information.
Down Payment: $500,000
Total Sales: $907,016
Cash Flow: $459,553
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $20,000
FFE Included: Yes
Inventory: $20,000
Inventory Included: Yes
Year Established: 2000
Year of last Acquisition: 2000
Days & Hours of Operation: Monday - Friday 8am to 5pm
Owner Hours Per Week: 40
Non-Owner Payroll: N/A
Employees: 2
Lease Option: Month-to-Month
Real Estate: N/A
Monthly Rent: $800
Type of Location: warehouse
Square Footage: 1000
Reason For Sale: Retirement
Training & Support: 2 weeks at no cost
Financing/Terms: Seller financing available
$600,000 in seller financing available for qualified buyers, for 5 years at 6%.
