High-End Residential Remodeling and Construction

Not Disclosed, MD
Baltimore County


Asking Price: Annual Revenue:
$700,000 $2,484,671

Services: Construction, Contractors


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RE: High-End Residential Remodeling and Construction Broker: Justin Sandridge

Quick Facts

Asking Price: $700,000
Annual Revenue: $2,484,671
Net Profit: Not Disclosed
Cash Flow: $305,748
Total Debt: Not Disclosed
FF&E: $66,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 6
BBN Listing #: 12544955
Broker Reference #: 2403-17157

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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.

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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:

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