Business Overview
- Long established residential renovation contractor: Roots dating back to the 1940s, specializing in both interior and exterior projects.
- High-touch service model: Featuring hands-on project management and licensed subcontractors, with a strong on-site presence from inception through completion.
- Reputation-driven business: Consistent stream of repeat and referral clients, built on exceptional communication, reliability, and quality delivery.
Financial Highlights
- Consistent profitability: Business has always been run profitably with around +40% Gross Margins.
- Strong revenue performance: Approx. $1.3M in 2024 and $980k in 2025.
- Seller’s Discretionary Earnings: Nearly $300K in 2025.
Human Resources & Assets
- Team of 6 employees: (4 full-time, 2 part-time): including renovators, a carpenter, and administrative support.
- Owner actively manages operations: Including scheduling, project coordination, and client/crew communication; an incoming owner should have project management experience in construction.
- Established subcontractor network: Long-tenured, licensed trades familiar with company standards and expectations.
Strengths & Considerations
- Strong market reputation for quality, communication, attention to detail, and reliability—consistently delivering on commitments.
- Operational continuity depends on disciplined subcontractors and staff: Maintaining service levels will require a capable project manager post-transition.
Transition & Future Opportunity
- Flexible sale structure: Openness to seller financing under favorable terms.
- Seller committed to a smooth transition: Willingness to remain involved for a defined period.
- Reason for sale: Retirement.