Fantastic Niche General Contractor in California! (17600)

ConstructionFor Sale in CA

Listing ID: Fantastic Niche General Contractor in California! (17600) | Broker Listing ID: BLP915304

Financial & Assets Details

Revenues: $491,696

Cash Flow: $137,957

FF&E: $1,211,323

Inventory: $650,000

Inventory Inc. in Price: Yes

Square Feet: N/A.+/-

About the Business

Relocatable: Yes

Year Established: 2002

Employees: 5 nonunion.

Seller Financing: Yes

Business Description

Operating from California, this long-standing, general home improvement construction contractor services Silicon Valley. Primary services include residential home remodeling and wide-ranging home repairs, installations, maintenance; water damage remediation; home restoration; and commercial services contracting. Specifically, the services provided include carpentry, finish work, drywall, electrical, plumbing, painting, general maintenance, concrete construction, and “handyman” services. The company operates out of a single location, utilizing sub-contracting solutions to augment the services to customers. By providing services to both residential and commercial customers, the company maintains a higher presence in the market by capitalizing on the full scope of construction and remodeling needs. Since its inception, the company has grown exponentially, with the majority of revenues coming from repeat business and strategic market capitalization in its geographic area. Currently, approximately 80% of revenue comes from residential customers, with 20% coming from commercial customers. The company has a proven track record of staying ahead of market trends and new technologies, the changing demands in the commercial and residential construction industry and procedures in new contracting techniques. With its range of services and vast experience, the marketing efforts focus on targeting repeat business utilizing its network of customer referrals, online presence and word of mouth. In 2019, the total revenue was $491,696.00, with Seller’s Discretionary Earnings of $137,957.00. The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to their continued success. There are many opportunities present for new ownership to continue growth with minimal capital infusion!