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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.
