Upstate General Contractor explosive growth

Simpsonville, SC
Greenville County

Asking Price: Annual Revenue:
$811,000 $1,173,442

Services: Construction, Contractors

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RE: Upstate General Contractor explosive growth Broker: David Crooks

Quick Facts

Asking Price: $811,000
Annual Revenue: $1,173,442
Net Profit: Not Disclosed
Cash Flow: $286,431
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 746451471
Broker Reference #: 52661-67287

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Business Overview:

This Upstate located general contractor specializes in remodels, renovations, kitchens, baths, basements, painting, fences, decks, and general carpentry. They have been operating in the area for 10+ years and have earned a stellar reputation. It's this reputation that caused them to be sought out by a local Big Box store and put in place as the preferred contractor for all large jobs. 2016 revenue just under $1 Million. 2017 increased 17.5% to 1.17mil+. 2018 saw as strong growth. and starting 2019 with $200k in contracts are already in place. This business is on a substantial growth curve and the sellers are intentionally offering their business now since it promises so much future value to a potential buyer. This is a buy at the right time business with all that's growing in the Upstate and with this construction company.

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Property Features and Assets:

Over the past ten years this general contractor has slowly and steadily built their operation and served around two thousand local clients. They are now at the point of snowballing into exponential growth territory and want to sell while their business is booming.

Market Competition and Expansion:

The local reputation of this contractor is great and word of mouth referrals from previous customers are the norm. One factor that sets this particular contractor apart is the addition of a Big Box store contract which will create even more exposure in the community, set them even further apart from their local competitors and lend extra credibility to their already stellar reputation. Showing Comments Contact Agent Potential Growth The potential for growth is very high. This contractor has a file of around two thousand previous customers who haven't been re-contacted for years because there has just been too much new business to handle. Between the new Big Box store contract and the untapped previous customers, the sky is the limit. Not to mention, the influx of new potential customers to the Upstate. After ten years of business, this contractor is beginning to experience the growth snowball effect that they have been working towards. Buy this business now and reap the rewards of the groundwork that has been laid.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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