Listing Number: 60352-335316
Description
Business Details:
Don’t miss out on a profitable and growing 76-year-old construction company for sale in Northwest Ohio. This multi-generational business has consistently grown, with a remarkable year-over-year 33% increase. The projected revenue for the current year is approximately $5M, and net seller discretionary earnings at more than $1 Million.
Business Overview: What began with no more than a homemade toolbox to start a construction company over 70 years ago has grown into a well-established and well-respected construction company in northwest Ohio. This company engages in diverse and intriguing projects, from new custom home builds to additions, garages, barns, and commercial construction. This company offers all the above and remodels high-end kitchens, basements, bathrooms, and outdoor living.
Customer base: The company’s well-established identity in the area drives a loyal and expansive customer base. Plenty of repeats and referral-based clientele have been instrumental in driving the company’s revenue growth and profitability, and a trend that is here to stay following the post-COVID rebound. With a solid reputation for delivering high-quality excellence, the company continues to attract new clients seeking its unrivaled expertise and craftsmanship.
Employees: The company is staffed by a dedicated team of eleven highly skilled, long-term employees. These loyal professionals possess extensive trade experience and are likely to remain with the company under new ownership. Their expertise and commitment have been invaluable in establishing the company’s strong reputation in the market.
Confidentiality: The seller kindly requests that interested buyers demonstrate their commitment to confidentiality by signing a non-disclosure agreement (NDA) and providing their buyer profile, which we will send out. This safeguards the seller's privacy and ensures a secure transaction process that aligns with industry best practices. Additionally, these measures serve as a demonstration of the buyers' genuine intent and financial capability.
Growth Opportunities: Growth opportunities in the high-end residential and light commercial construction sectors. The company’s location provides a layer of security and resilience against economic fluctuations, making it an attractive investment. With their primary focus on residential construction, there is plenty of growth in the existing sector and expansion into light to mid-commercial construction projects.
Listing Details
- Price: $ 2,043,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 785,000
- Total Sales: $ 4,723,654
- Location: Withdrawn, Ohio
- Inventory: $ 0
- FF&E: $ 375,343
- Employees: 11
- Year Established: 1947
- Reason for Selling: Other Interests
- Category: Construction
