Commercial/Residential Builder / Lender Pr
Don’t miss out on this fantastic opportunity for someone looking to enter or expand in the general contracting business. Here’s an overview of the business:
Established Business: Founded in 1982, this business has a long-standing reputation and track record in both commercial and residential construction.
Owner's Role and Transition: The seller is involved in crucial aspects of the business such as project management, estimating, sales, and scheduling, working approximately 40 hours per week. He is willing to qualify the license for the new owner and stay on for up to a year to facilitate a smooth transition.
Learning Curve for New Owner: According to the seller, a new owner with a construction background could expect to learn the business within 2-3 months, which suggests a manageable transition period.
Customer Base: The business thrives on repeat customers and referrals, indicating strong client satisfaction and loyalty.
Opportunities for Growth: Clear growth opportunities are outlined, including additional advertising, establishing a social media presence, and expanding the team with dedicated staff for sales, estimating, and project management.
Market Position: Understanding the competitive landscape and how the business differentiates itself would be crucial for a prospective buyer.
This business offers a solid foundation for someone with a construction background looking to step into ownership and potentially grow the business further. The company has been lender pre-qualified.
Financials (USD)
Asking Price $499,000
Cash Flow $161,719
Sales $1,117,792
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Yes
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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