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  • RE:  Well-Known Multi-Service Construction Business
  • Contact:  John McCleary

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $2,032,057
Net Profit: Not Disclosed
Cash Flow: $462,984
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $400,000
Year Established: 1994
Employees: 3
BBN Listing #: 783662509
Broker Reference #: Not Disclosed

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Business Overview:

The business is a reputable design-build-remodel company specializing in creating exceptional homes through remodeling and renovations. With a strong emphasis on quality, integrity, and accountability, the business has built a solid reputation in the industry since its establishment in 1994.

The company's founder and current owner began his career as a carpenter and gradually built his name and reputation in the field. Through years of dedicated craftsmanship and a commitment to customer satisfaction, the business has grown into the successful enterprise it is today.

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Property Features and Assets:

The business’s facilities are located in a central location, providing easy access to major highways. The facility spans 4,072 square feet and consists of two stories. The real estate is classified as Grade C, offering functional and practical spaces for various construction activities. One notable advantage is the high visibility of the facilities, owing to the significant traffic passing by. This visibility can contribute to enhanced brand recognition and potential business opportunities. The property is owned. The owner wants to sell the property with the business for $400,000.

Market Competition and Expansion:

The business faces potential competition from various residential construction service businesses situated in Central Connecticut. However, it is worth noting that these local rivals do not match the level of work quality and reputation that the business proudly maintains. The business has many growth opportunities to capitalize on. Currently, the company's marketing efforts are yielding a significant number of leads, so no immediate improvements are required. However, there are numerous untapped marketing opportunities that could further boost lead generation.

Reason for Selling:

The current owner is retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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