- Established and Strong Reputation: This family-owned residential renovation and general contracting business has been serving its regional market for over 16 years. The company is a fully licensed and insured corporation, holding all required municipal contractor licenses and carrying $5 million in liability insurance. It has earned recognition as a Best of Houzz award recipient, reflecting consistent client satisfaction and a commitment to quality workmanship that has been built and maintained over many years of operation.
- Financial Overview: As per the seller, the business has demonstrated consistent revenue generation over multiple years. Average annual revenue from 2021 to 2024 stood at approximately $750K, with an average Seller’s Discretionary Earnings (SDE) of approximately $111K over the same period.
- Revenue for 2025 came in at approximately $538K, with projections for 2026 indicating a return to approximately $800K reflecting the business’s underlying resilience and continued demand for its services.
- Diverse Clientele: The company serves a broad range of residential clients, delivering kitchen and bathroom renovations, basement and legal suite conversions, home additions, structural renovations, and full-service general contracting. The business benefits from a consistent stream of repeat clients and referrals, a testament to its reliability and commitment to lasting client relationships.
- Experienced Workforce and Operations As per the seller the business currently operates with 2 employees and is supported by a dependable subcontractor and supplier network built over many years. The business operates with documented estimating and project management systems that allow for smooth day-to-day execution. The owner has established operational infrastructure that enables a new owner to step in and run efficiently from day one.
- Assets Included: As per the seller the sale includes the company’s own equipment, tools and vehicles worth $60-$70K approx., reducing startup capital requirements for an incoming buyer and providing immediate operational readiness without the need to rebuild from the ground up.
- Growth Potential: As per the seller, the business is intentionally lean today, yet highly scalable. Having never invested in structured digital marketing or local SEO, there is significant untapped growth potential through digital advertising, local search optimization, and strategic partnerships all within a market the business already serves successfully through referrals and word of mouth alone.
- Digital Presence The company benefits from a strong online presence and review profile, providing social proof and credibility that supports continued client acquisition with minimal additional marketing investment.
- Ownership Transition & Reason for Sale: After many successful years building a trusted, family owned business, the owner is seeking retirement or a reduced role and is committed to ensuring a smooth transition by providing training and support to help the incoming owner seamlessly assume operations and maintain client relationships.
- Email Us : office@n3business.com
