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High-End Residential Remodeling and Construction Business for sale in Baltimore County, MD

Baltimore County, Maryland (MD)

Asking Price: Gross: Cash Flow:
$ 650,000 $ 2,926,922 $ 507,401

Furniture and Fixtures Value:
$ 66,000 (included in the asking price)

Business Summary:
This 16-year-old home contracting company is ready for a new owner to continue its tradition of quality service to its large base of repeat customers.This business can handle anything from small bathroom and kitchen renovations to large additions and new home construction. They also offer handyman services, maintenance, and general repairs. On average, they perform less than ten large yearly jobs ranging in value from $25,000 - $1,000,000 and 240+ small jobs between $125 to $25,000.The business currently has six employees and one manager. The current owner is willing to train the new buyer and is committed to a smooth transition. Trust, transparency, and clear communication has enabled this company to retain a long list of repeat clients who refer their friends and family.

 

   
Year Business was Established: 2005
   
Number of Employees: 6 FT  
   
Facilities / Terms of Lease: The business operates in a leased 1,375-square-foot office space located in Baltimore County.  
   
Potential Growth/Expansion: A new owner could grow this business by hiring additional salespeople and project managers to assist the owner.  
   
Competition: Households with higher incomes are better able to afford building additions or home remodeling services. They may also be more interested in bolstering the value of properties that they consider investments. As the number of households earning more than $100,000 in annual income rises, demand increases for remodeling contractors that specialize in high-end upgrades and structural additions. "IBIS World Industry Report April 2022"  
   
Owner willing to finance: Lender pre-screened with $65K down.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
   
Seller Reference Number: 2403-17157
BusinessMart.com Listing Number: 286212
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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