Business Overview:
There is no physical location for this commercial remodeling and construction company – it could be run from anywhere! This helps to keep the overhead costs low and the job ability flexible. The business is based in Florida but works regularly across the US, utilizing local 1099 contractors and traveling as needed. There are a couple hundred 1099 contractors on the books that are available to be used, depending on what is needed by the job. Their primary focus is complete teardown and remodeling of existing commercial locations. There has been a handful of new builds over the years, but that is rare.
Currently, there is no advertising or marketing being done. The business runs 100% on repeat clients and positive word of mouth referrals! A big growth opportunity would be to get the name out a bit more locally to expand the customer base. Another place to grow would be to start working with general contractors and property managers to put maintenance contracts into place. The company is already able to handle maintenance issues on the job site, and while there are no recurring contracts in place, they could be easily added!
The seller is looking at retirement options and what may be next for himself and his family. At a purchase price of $1,200,000 and a down payment of $180,000, a buyer would see a 122% return on investment in the first year, making this a perfect opportunity for a first-time buyer or seasoned entrepreneur.
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
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