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- RE: 20 Year Specialty Remodeling Contractor $1M Revenu
- Contact: Sherrye Coggiola
Quick Facts
| Asking Price: | $299,900 | |
| Annual Revenue: | $975,483 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $110,552 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 2 | |
| BBN Listing #: | 1002610 | |
| Broker Reference #: | 52661-731051 |
Business Overview:
20 year Specialty Remodeling Contractor $1M Gross Revenues
Exceptional opportunity to acquire a highly profitable, full-service General Contractor with proven financial stability. Averaging $150,000 in Seller’s Discretionary Earnings on over $1M in annual revenue, this business is priced aggressively at under 2x SDE.
The company operates with established systems, dedicated teams, and a strong network of subcontractors, providing a smooth transition for a new owner. The current owner is retiring and committed to training the buyer to ensure continued success.
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Property Features and Assets:
Bringing over two decades of hands-on experience updating underbuilt or outdated structures, expertly navigating local building codes to ensure every project meets modern safety standards and regulatory requirements. Based in Weaverville and serving the greater Asheville area, this licensed general contractor, structural engineer, and experienced team work in unison—accurately assessing structural deficiencies like inadequate foundation support or outdated framing, then designing and executing compliant, secure solutions.
Market Competition and Expansion:
The Western North Carolina construction and remodeling market is highly active, characterized by strong demand for both high-end custom homes and large-scale residential renovations.
High-End Custom Builders: This segment includes larger firms that focus almost exclusively on new custom luxury homes LHB focuses on high-margin renovation and addition work, making the business model less dependent on large land development cycles.
Leverage Niche Expertise
Aggressively market the 203(k) Consultation and execution services. This is a specialized loan for "fixer-uppers" that few general contractors are certified to handle. Target real estate agents and lenders to become their exclusive 203(k) contractor partner.
Actionable Idea: Create a dedicated "Outdoor Living Division" focusing on custom decks, screen porches, and patios. Market these as year-round, high-end lifestyle projects
Reason for Selling:
Other interest. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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