Matt Millsaps

HedgeStone

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1721 Se 17Th St Apt 452,
Fort Lauderdale, Florida 33316 (View Map)

About the Company

Broker Biography

Areas Served

  • Broward, FL
  • Business For Sale Listings

    $164,999
    Cash Flow: $84,000 
    Miami-Dade Co., FL 
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    Remodeling and Decorating Company Located in Miami, FL

    Richard (Matt) MillsapsLicense #: SL3439771Established remodeling company located in Miami, FLLocations: Miami, Florida, and Massachusetts (with service contracts in Ohio, Kentucky, and Georgia)Established: 2009Business OverviewEstablished remodeling and decorating business with a strong reputation for quality work and client satisfaction. Since 2009, the company has successfully served both residential and commercial clients, with the majority of business coming from repeat customers and referrals. The company also performs subcontracting work, expanding its service scope and revenue streams.Key HighlightsSteady Revenue – Gross Sales: $420,000 | Net Profit: $84,000Low Overhead – Monthly Rent: $390.00 (Landlord open to long-term lease)Lean Operation – Team of 3 experienced 1099 workers willing to stay post-saleStrong Client Base – Majority of work comes from repeat clients and referralsGrowth Potential –Currently no 

    $5,999,999
    Cash Flow: $1,200,000 
    Middlesex Co., MA 
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    40 Yr Old HVAC & Electric Business in Middlesex County, MA 1.2 mil Net

    40 year old HVAC and Electric Company in Middlesex County, MAAsking Price: $5,999,999Annual Figures: 2024Gross Sales: $5,900,000Net Profit: $1,200,000Expenses: 2024COGS: $1,514,968Salaries & Wages: $2,105,360Highlights: - HVAC & Electrical Contractor. - Located in Middlesex County, MA - Company started over 40 years ago - 30 employees - All W-2's, doesn't use many subs - Owner is there 5 days a week but the business can run by itself - Breakdown of employees available upon request - Not a lot of employee turnover. There is a key man in the business. - 90% residential 10% commercial- Roughly 500K in assets coming with the business - 3 licenses with the business - Service area: Middlesex and Hillsborough county- Breakdown of revenue available upon request - Jobs come from Google, different platforms, and a lot of word of mouth because of how long the company 

    $13,499,999
    Cash Flow: $3,262,176 
    Osceola Co., FL 
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    Very Established Window, Door, & Trim Company Central FL 3.3 mil Net

    Very Established Window, Door, and Trim Company In Central, FLAsking Price: $13,499,999Annual Figures: 2024Gross Sales: $17,810,225Adjusted Net Profit: $3,262,176Expenses: 2024COGS: $10,680,702Salaries & Wages: $2,046,237 - Windows, doors, and trim company - Located in Central FL - Company has been in business for 40 years- 50 in-house employees- 20 subs?- Good managerial layer in place. Owners are present but all pieces are in place?- Breakdown of employees available upon request - Tons of upside potential with this company with what they are implementing including starting the windows and doors division, the addition of new builder clients that are starting soon, getting into other divisions with the current builders they work with, and starting to get into commercial as well.?- 90% residential (Builder clients focusing on residential projects. Classify as 

    $7,999,999
    Cash Flow: $1,133,414 
    Missouri 
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    Well Established Telecommunications Company in the Midwest 1.1 mil Net

    Established Telecommunications Company Located in MO Asking Price: $7,999,999 ($4,000,000 in assets coming with the business) Land can also be included for an additional $8,000,000 (10 acres) Annual Figures: 2024Gross Sales: $2,819,400Adjusted Net Profit: $1,133,414Expenses: 2024COGS: $2,097,142Highlights:- Telecom business - Been in business for 15 years - Located in Missouri mostly but has several locations around the US- Underground fiber optic and copper installation and maintenance- All commercial work - 2 major vendors (has worked for one for 10 years and one for 8 years). Works as a sub for 6 other companies - In 2024 one client made up 60-70% of the revenue. Another client made up about 10% and the rest was miscellaneous companies. 2025 revenue breakdown will be similar. Very common in telecommunications businesses. - Just renewed a 3 year contract 

    $499,999
    Cash Flow: $100,000 
    Hillsborough Co., FL 
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    Well Known Car Tuning Brand Located Outside of Tampa, FL (Absentee)

    This is a very well known car brand that one of the owners (absentee) is looking to exit while the other owner will be staying. This would be for 50% of the business with a ton of potential revenue to be made by implementing a few things in the business. Some opportunities/highlights below: - Exclusive rights to the state of FL, minus 2 shops that HQ had prior to us purchasing FL- Can expand to other states: Allowed to market and sell throughout entire country, just no direct marketing to NJ, NY, PA, TX and CO- Rights to expand with an online merchandise store and sell internationally (UK and Dubai are large shops)- HQ does all of the work for remote tunes sold throughout the country- $3500 is the average sale- 300k organic revenue last year / $100k net profit- 100,000 customers in the database that have never been sold merch to- Over 1 million views on TikTok consistently that can also be monetized 

    $13,999,999
    Cash Flow: $3,473,140 
    Kings Co., NY 
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    30 yr old High End Appliance Dealer In Kings County, NY (Partnership)

    Asking Price: $13,999,999 ($4,000,000 is property value)Annual Figures: 2024Gross Sales: $15,350,606Net Profit: $3,473,140Business Highlights:- High end appliance dealer- Located in Kings County, NY- Business started in 1998- Building and business for sale for $14,000,000- Building is worth roughly $4,500,000 (Double lot) 5700 sqft - Numbers from the P&L's can be confirmed by bank statements- Sells to residential and commercial customers (75% residential, 25% commercial)- Appliance sales is 95% of the revenue. Installation is 5% of the revenue- Has contracts in place with the commercial clients- 25% of the business comes from GC's (apartments/condos) and property management companies that use them to order appliances- The manufacturers offer the warranties on the products, not the business- Seller will stay on to train someone for 6 months or someone can buy 

    $7,999,999
    Cash Flow: $1,848,622 
    Seminole Co., FL 
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    Very Profitable Concrete Business For Sale In Orlando, FL

    Very Profitable Commercial Concrete Company For Sale in Orlando, FLAsking Price: $7,999,999Annual Figures: 2024Gross Sales: $8,188,550Net Profit: $1,848,622Expenses: 2024COGS & Salaries and Wages: $6,154,558Business Highlights:- In business for 36 years- Located in Orlando, FL- Type of work: footers, foundation, masonry walls, block work, decks, parking lots- 2 owners, estimator (project manager), office admin, office manager, part time office, shop foreman, 6 foreman, 25 hourly field employees, (50) 1099 masonry field, (10) concrete field, several 1099 pump companies.- Owner #1 - Overseeing, orders materials, estimates, contracting- Owner #2 - Insurance, payroll, taxes, legal- Tenure of employees: some guys over 20 years, most 10-15 years, field guys have higher turnover- 22 vehicles with the sale- Owns the property but would lease back at $5150 triple net- 

    $649,999
    Cash Flow: $380,684 
    Martin Co., FL 
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    Profitable Electric Company For Sale in Martin County, FL

    Profitable Electric Company For Sale In Martin County, FLAsking Price: $650,000Annual Figures: 2024Gross Sales: $969,010Net Profit: $380,684Business Highlights:- In business for 22 years- Services mainly just Martin County and some St. Lucie County- Projected to do over $1,000,000 in 2025- Does not have physical location. Works from home.- 1 owner is involved day-to-day in the business (some in the field, sales, estimates), 5 guys in the field, 1 part time office personnel- 100% high end residential homes- 50% service 50% new construction/remodel- They do no advertising. All business comes from general contractors. Lots of growth potential!- 3 company vehicles come with the sale- Great retention with the employees- Booked to the end of the year with jobs- Fully approved by SBA lender- Owner will qualify the business with his license or 1 of the Master Electricians in the company- Owner will stay on for a transition period to 

    $1,200,000
    Cash Flow: $275,000 
    Midland Co., TX 
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    Amazing Absentee Laundromat For Sale in Midland County, Texas

    Absentee High Volume Laundromat In Midland County, TXAsking Price: $1,200,000Annual Figures: 2024Gross Sales: $398,000Net Profit: currently $20,000-$25,000 a month Business Highlights:- Located in Midland County, TX- Laundromat and the building was built 2 years ago- Owner is absentee- All machines are 2 years old- All Speed Queen machines- The machines are app only but there is a kiosk for bills and cards- 2000 sqft- 22 washers/23 dryers- Owns the building. Would lease back at $6500. - $398,000 gross sales for 2024. Should gross $500,000 - $600,000 this year and nets $20,000 - $25,000 a month currently. - Amazing first year numbers and they keep increasing- Very transit area - Would need to be cash or Eastern Funding 30-40% down. NO SBA. Buyer would need 300K-400K down. - Seller will hold a small seller note of around 200K - Preapproved by Eastern Funding 

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