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New Construction and Remodel General Contractor (71363)

For Sale in UT

Listing ID: New Construction and Remodel General Contractor (71363) | Broker Listing ID:

Financial & Assets Details

$260,000
$45,000
$50,000
Yes
$500,000

About the Business

1973
Yes

Business Description

Bursting at the seems and ready for growth. The company specializes in providing general contracting services for commercial (50%) and residential (50%) structures. The primary services include custom kitchen, bath and basement remodeling services. Offering these services requires a strong local reputation, a facility to manage the business and craftsmen with construction experience. The company has a proven track record, supported by over forty years of ongoing business. The current owner is near retirement, and has not increased staff or Independent Contractors. He has turned down enough work to increase sales by $200,000 in this last year! An assertive buyer could easily grow the business and profit margins with a couple more employees and some advertising. With its niche range of services, marketing efforts focus on targeting residential property owners and commercial enterprises within Northern Utah. Revenues have increased 22% over the past 5 years due to an increasing number of referrals. Last year, the Company’s total revenue was $260,656 with an EBITDA of $35,926. With a large customer base and solid reputation, they continue to attract new customers while maintaining reputation. Property is available for purchase, including a rental income, for $500k.

Seller Financing

Negotiable for the right buyer

Support & Training

The owner would be available for transitioning, this business uses contractors, no employees.

Reason for Selling:

Other interests

Listing ID: New Construction and Remodel General Contractor (71363)

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