Full Service Residential and Comm. Construction Co

Not Disclosed, VA

Hampton Roads


Asking Price: Annual Revenue:
$495,000 $1,634,313

Services: Construction, Contractors


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RE: Full Service Residential and Comm. Construction Co Broker: Frank Chebalo

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,634,313
Net Profit: Not Disclosed
Cash Flow: $230,807
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 6
BBN Listing #: 23294955
Broker Reference #: 2007-17416

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Business Overview:

Strong Reputation and Brand
Vast Experience
Large Customer List
Future Business Projected out over two years.

Since 2004 this construction business has been satisfying a large array of residential and commercial customers. Based on a simple principal established on day one this owner has placed the emphasis of the business on complete customer satisfaction. The team of individuals involved understand the marching orders and as a result have produced average annual top line earning hovering around three million dollars. Depending on timing factors and the economy the business has experienced years where they exceeded six million dollars. This owner has developed a streamlined method of producing large volume projects efficiently. In addition, running jobs in parallel is commonplace and the business is on target this year to exceed two million dollars in completed projects. Moreover, the next two years have pipeline work in place pacing to the same level of performance. The future looks bright for this opportunity despite the current economic challenges. And that established business, relationships, and work in progress all will convey.

This family-owned operation has evolved into a significant brand over many years starting with grass roots principles and a humble beginning. The humility remains, but the focus and categories of experience have grown exponentially. In the commercial space the business is regularly involved with office space and retail locations. Those areas involve everything from initial design and build, renovations, and remodels. The business has worked closely with strong regional, national, and international companies.

On the residential front the business developed custom homes, facilitated major renovations and additions, and fully remodeled kitchens and bathrooms. The story doesn’t stop there as major sizable additions are regular work for this team of experts.

There is a fair amount of intellectual property that conveys with the business. The owner knows from his experience that the sale of this business will require a commitment on the part of the buyer coupled with a commitment on the part of the seller. Specifically, the seller will commit to and provide an adequate transition to afford a buyer the greatest amount of attention and introduction to vendors and clients.

This business opportunity is well positioned for an individual with construction experience looking to take their first step into business ownership in the field. Additionally, someone already in the business would find benefit in utilizing this acquisition to grow into a well-established geographical area with future business in place.

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Property Features and Assets:

This business operates in a unique manor. While there is workspace, office space, and storage, it’s not found in a conventional rental space. A buyer may be able to utilize a similar arrangement or find traditional rental space. Assets - $45,000

Reason for Selling:

Retirement.

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.

Relevant Links:

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