20 year Specialty Remodeling Contractor $1M Gross Revenues
Business Description
Exceptional opportunity to acquire a highly profitable, full-service General Contractor with proven financial stability. Averaging $150,000 in Seller’s Discretionary Earnings on over $1M in annual revenue, this business is priced aggressively at under 2x SDE.
The company operates with established systems, dedicated teams, and a strong network of subcontractors, providing a smooth transition for a new owner. The current owner is retiring and committed to training the buyer to ensure continued success.
The company operates with established systems, dedicated teams, and a strong network of subcontractors, providing a smooth transition for a new owner. The current owner is retiring and committed to training the buyer to ensure continued success.
About the Business
- Years in Operation
- 11
- Facilities & Assets
- Bringing over two decades of hands-on experience updating underbuilt or outdated structures, expertly navigating local building codes to ensure every project meets modern safety standards and regulatory requirements. Based in Weaverville and serving the greater Asheville area, this licensed general contractor, structural engineer, and experienced team work in unison—accurately assessing structural deficiencies like inadequate foundation support or outdated framing, then designing and executing compliant, secure solutions.
- Market Outlook / Competition
- The Western North Carolina construction and remodeling market is highly active, characterized by strong demand for both high-end custom homes and large-scale residential renovations.
High-End Custom Builders: This segment includes larger firms that focus almost exclusively on new custom luxury homes LHB focuses on high-margin renovation and addition work, making the business model less dependent on large land development cycles. - Opportunities for Growth
- Leverage Niche Expertise
Aggressively market the 203(k) Consultation and execution services. This is a specialized loan for "fixer-uppers" that few general contractors are certified to handle. Target real estate agents and lenders to become their exclusive 203(k) contractor partner.
Actionable Idea: Create a dedicated "Outdoor Living Division" focusing on custom decks, screen porches, and patios. Market these as year-round, high-end lifestyle projects
About the Sale
- Seller Motivation
- Other interest
- Transition Support
- 2 weeks
- Financing Options
- Financing Amount-$29.900, ROI-10%,Terms-36,Monthly Payment-$964,79
Listing Info
- ID
- 2446645
- Listing Views
Listing ID: 2446645 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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