Condo restoration 40, 50, 60 year re-certification, waterproofing

A condominium restoration company (State certified general and roofing contractor) servicing Miami Beach and South Florida with signed contracts now in the pipeline of $30 million, which is just the beginning, the company is turning away work. This is the beginning of the surge, post Champlain Towers South building collapse. Local governments making building codes tougher, with more frequent vigorous condo inspections.

Services include 40, 50, 60-year re-certifications, structural repairs, concrete restoration, weatherproofing and painting. Waterproofing hot and cold application systems with 20-year warranty, remodeling commercial and residential, roofing, complete replacement, hot mop, torch down, TPO.

All employees W-2 with workers compensation coverage. Middle management, highly skilled, hardworking and loyal long-term employees.

This contractor has been in business for 15 years, stealer accounting records and reputation, typical net profit 26% with a bonding capacity of over $20 million. Deal structure open, outright sale preferred, but would consider a partnership with a buyer with deep pockets wanting to grow at an accelerated rate and dominate in this high demand market.

Seller is willing to stay on as a consultant and to transition customers/employees for an extended period or with an outright sale.

NDA, proof of funds/PFS and bio required to see details.