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Listed by:

Hedgestone Business Advisors

Semi-Passive Profitable General Contractor With Architect On Staff For Sale

Erie County, Ohio, US
Asking Price:
$550,000
Sales Revenue:
$415,000
Cash Flow:
$251,000

**NDA Required for address**

Business Summary:

This company is a General Contractor serving the Northern Ohio region. This company has no marketing platform, creating a significant growth opportunity for a potential buyer. The company has an architect on staff, giving it a competitive advantage in the area. The company uses a 1099 billing model for its workforce to keep operating costs low.

Services Offered:

The company offers a variety of services, with the majority of its revenue coming from residential home remodels. This includes bathrooms, kitchens, finished basements, and general household remodeling.

Their core service areas include:

  • Remodels – 90% of current revenue comes from kitchen, bathroom, and basement remodels.
  • Home Additions – The remaining 10% of revenue comes from home additions. Costs remain low for these projects because the architect is on staff rather than outsourced.
  • Roofing Contract – The company maintains one commercial roofing maintenance contract with quarterly inspections, generating approximately $12,500 in annual revenue.

Business Overview

  • Established in 2006
  • LLC established in 2013
  • General contracting business, primarily residential home remodels and additions
  • Business is 90% remodels for current homeowners
  • Operates in Northern Ohio
  • Workforce: 3 independent (1099) contractors, including 1 architect
  • Pipeline: Current owner is bidding on 2–3 jobs weekly

Ownership & Operations

  • Owner is semi-passive and currently works from approximately 7:00 AM to 12:00 PM delivering materials, bidding projects, and completing estimates.
  • No physical labor is required by the owner.
  • No marketing is currently in place; all business comes from repeat customers and word-of-mouth referrals, presenting a valuable growth opportunity.
  • One team member may be willing to assume the owner's role with a wage increase, creating the potential for a fully absentee ownership model. This position would need to be backfilled to maintain current operations.

Licensing & Certifications

  • Licensed General Contractor
  • No material supply contracts; receives approximately 11% rebates from a local materials supplier
  • Long-standing referral relationships with suppliers and past customers

Reason for Selling
• Seller is looking to retire.