Business Overview:
This 16-year-old home contracting company is ready for a new owner to continue its tradition of quality service to its large base of repeat customers.
This business can handle anything from small bathroom and kitchen renovations to large additions and new home construction. They also offer handyman services, maintenance, and general repairs. On average, they perform less than ten large yearly jobs ranging in value from $25,000 - $1,000,000 and 240+ small jobs between $125 to $25,000.
The business currently has six employees and one manager. The current owner is willing to train the new buyer and is committed to a smooth transition. Trust, transparency, and clear communication has enabled this company to retain a long list of repeat clients who refer their friends and family.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The business operates in a leased 1,375-square-foot office space located in Baltimore County.
Assets = $66,000
Market Competition and Expansion:
Households with higher incomes are better able to afford building additions or home remodeling services. They may also be more interested in bolstering the value of properties that they consider investments. As the number of households earning more than $100,000 in annual income rises, demand increases for remodeling contractors that specialize in high-end upgrades and structural additions. "IBIS World Industry Report April 2022"
A new owner could grow this business by hiring additional salespeople and project managers to assist the owner.
Reason for Selling:
Retirement.
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.
Relevant Links: