70 Plus-year-old, Turnkey Construction Company
Not Disclosed, OH Not Disclosed
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- RE: 70 Plus-year-old, Turnkey Construction Company
- Contact: Jake Whitta
Quick Facts
| Asking Price: | $2,043,000 | |
| Annual Revenue: | $4,859,048 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,103,701 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $375,343 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1947 | |
| Employees: | 11 | |
| BBN Listing #: | 936760 | |
| Broker Reference #: | 60352-335316 |
Business Overview:
Business Details:
Don’t miss out on a profitable and growing 76-year-old construction company for sale in Northwest Ohio. This multi-generational business has consistently grown, with a remarkable year-over-year 33% increase. The projected revenue for the current year is approximately $5M, and net seller discretionary earnings at more than $1 Million. Business Overview: What began with no more than a homemade toolbox to start a construction company over 70 years ago has grown into a well-established and well-respected construction company in northwest Ohio. This company engages in diverse and intriguing projects, from new custom home builds to additions, garages, barns, and commercial construction. This company offers all the above and remodels high-end kitchens, basements, bathrooms, and outdoor living. Customer base: The company’s well-established identity in the area drives a loyal and expansive customer base. Plenty of repeats and referral-based clientele have been instrumental in driving the company’s revenue growth and profitability, and a trend that is here to stay following the post-COVID rebound. With a solid reputation for delivering high-quality excellence, the company continues to attract new clients seeking its unrivaled expertise and craftsmanship. Employees: The company is staffed by a dedicated team of eleven highly skilled, long-term employees.
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Property Features and Assets:
FF&E General Condition: GOOD
Market Competition and Expansion:
Expansion: Growth opportunities in the high-end residential and light commercial construction sectors. The company’s location provides a layer of security and resilience against economic fluctuations, making it an attractive investment. With their primary focus on residential construction, there is plenty of growth in the existing sector and expansion into light to mid-commercial construction projects.
Reason for Selling:
Other Interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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