Business Overview:
This 23-year-old contracting firm specializes in the remodeling of hotels and motels. It is a preferred vendor for two of the world's largest lodging chains, which gives it a built-in customer base. The firm is experiencing a sharp rise in the number of jobs being bid in 2011 as the industry recovers from the recession and franchisors require their franchisees to make property improvements. The backlog of jobs is now over $1 million! This business model lends itself to expansion through the opening of regional offices in association with other firms. The company operates with just a few employees and minimal capital equipment because work is generally performed by subcontractors.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
FF&E of $34,000 is included in the asking price.
Support/Training: The seller will provide 30 day of support at no charge. Longer-term support is available on a consulting-fee basis.
Market Competition and Expansion:
This business model lends itself to expansion through the opening of regional offices in association with other firms.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: