New Listing: West Palm Beach Commercial GC With $6.1M Backlog Hits the Market

The Deal That Just Dropped in West Palm Beach

Let's cut straight to it. A 14-year-old commercial general contracting firm in West Palm Beach, Florida just came to market — and the numbers are genuinely compelling.

We're talking $4.2 million in annual revenue, $680,000 in seller's discretionary earnings, and — here's the part that makes buyers sit up straight — a $6.1 million active project backlog already locked in through Q3 2026. You're not buying a business and hoping the phone rings. The phone is already ringing.

The asking price is $2,850,000. SBA financing is pre-qualified. The seller is retiring after 14 years. This is a clean, motivated exit — and those don't come around every day in this market.

What You're Actually Buying Here

Coastal Commercial Builders LLC isn't a fly-by-night operation. This is a 22-person team with a proven track record across Palm Beach County's most active commercial sectors — HOA communities, medical office buildouts, and retail developer contracts.

The business holds active licenses in Florida, Georgia, and South Carolina, which means the new owner isn't locked into one geography. That's a real asset in a market where developers are expanding regionally.

The client base is diversified — no single client represents more than 20% of revenue — and the recurring contract structure with HOAs and medical office clients provides a level of revenue predictability that most construction businesses simply don't have.

This is not a one-man-band operation. The management team is in place and capable of running day-to-day operations without the owner on-site. That's the difference between buying a job and buying a business.

Why West Palm Beach? Why Right Now?

Look, if you've been paying attention to South Florida's construction market, you already know the answer. But let's lay it out anyway.

West Palm Beach currently ranks 5th nationally for office construction, with approximately 1.6 million square feet in the pipeline as of early 2026. The office vacancy rate sits at just 11.3% — compared to a national average of 17.6%. That gap tells you everything about the demand dynamics in this market.

Retail rents hit a record $38.54 per square foot in Q1 2026. Class A office space is commanding $67.70 per square foot in the CBD, with trophy assets exceeding $100. Developers are building, and they need contractors to build it.

The "Wall Street South" migration is real and it's not slowing down. Hedge funds, private equity firms, and financial institutions have been relocating to Palm Beach County for years now, and every one of those relocations means new office space, new buildouts, and new construction contracts.

The Backlog Is the Story — Don't Miss It

Most buyers focus on trailing revenue. Smart buyers focus on the backlog.

A $6.1 million active project backlog through Q3 2026 means the new owner has immediate, contracted revenue from day one. You're not inheriting a business and spending the first six months trying to win new work. You're inheriting a business that already has work — and your job is to execute it and layer more on top.

In a market where construction demand is outpacing supply, a contractor with a full backlog is sitting in an enviable position. Subcontractors want to work with you. Developers want to partner with you. Banks want to lend to you.

A full backlog is leverage. And this business has it.

The SBA Angle — And Why It Matters for Buyers

Here's something a lot of buyers don't fully appreciate: SBA pre-qualification changes the math on this deal significantly.

With SBA 7(a) financing, a qualified buyer can potentially acquire this business with as little as 10% down — roughly $285,000 on a $2.85M deal. The SBA guarantees up to $5 million, and Florida's SBA lending market is robust, with nearly 200 active lenders in the state.

Preferred Lender Program (PLP) banks can close in 30 to 45 days, which matters in a competitive market where motivated sellers have options. If you're a qualified buyer sitting on the sidelines waiting for the "perfect" deal, this is a good time to ask yourself: what exactly are you waiting for?

The SBA environment in 2025-2026 has been friendlier to construction business acquisitions than it's been in years. Lenders understand the sector, they understand the backlog model, and they're actively looking to deploy capital into profitable, established businesses like this one.

What the Florida Construction Market Is Telling You

Zoom out for a second. Florida's construction industry contributes over $200 billion annually to the state's GDP. With 23.4 million residents and sustained population growth, the demand for construction services isn't a trend — it's structural.

Yes, there was a cooling period in 2024-2025. But new construction permits saw a 3.8% increase in 2025, and the industrial and logistics sector is surging to support e-commerce and supply chain expansion. The residential market is rebounding in commuter belts and master-planned communities across Palm Beach, Broward, and Miami-Dade counties.

The biggest constraint in the market right now isn't demand — it's skilled labor and established contractor capacity. Major national builders have pulled back from Florida compared to their 2023 peaks, creating a genuine opening for regional operators with established teams and licenses.

Buying an established contractor in this environment isn't just a business acquisition. It's a market position.

Who Should Be Looking at This Deal?

Let's be direct about the buyer profile here. This isn't a starter business. At $2.85 million, you need either the capital or the financing sophistication to execute. But the buyer universe is broader than you might think.

The ideal buyer is someone with construction industry experience — a project manager, superintendent, or estimator who's been building someone else's business and is ready to own their own. Or a strategic acquirer — a larger contractor looking to expand their Palm Beach County footprint without building from scratch.

Private equity and family office buyers have also been increasingly active in the construction space, particularly for businesses with recurring revenue, established management teams, and geographic licensing advantages. This deal checks all three boxes.

What this deal is not for: passive investors expecting to hire a manager and walk away. Construction businesses require engaged ownership, at least in the transition period. If you're looking for a truly absentee business, this isn't it.

The Real Talk

West Palm Beach's construction market is one of the strongest in the country right now, and this listing represents a rare opportunity to step into an established, profitable operation with immediate revenue, a full backlog, and a motivated seller who's ready to transition.

Deals like this — 14 years of operating history, $4.2M revenue, $6.1M backlog, SBA pre-qualified — don't sit on the market. If you're a serious buyer, the time to move is now. Reach out to Sun Biz Broker today to request the full Confidential Business Review, get pre-qualified for SBA financing, and schedule a call with our team. Visit sunbizbroker.com or contact us directly — we'll walk you through every detail of this deal and help you determine if it's the right fit.

The backlog won't wait. Neither should you.