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Turnkey Multifamily Rehab & Construction Business In Columbus For Sale

Columbus, Ohio, US
Asking Price:
$19,089,000 Furniture / Fixtures included
Sales Revenue:
$15,496,442
Cash Flow:
$5,135,660

We've got a special business on the market that's all about transforming apartment buildings into stunning living spaces. This commercial multifamily contractor business is your ticket to a thriving future!

• Why is this opportunity, per the seller, a goldmine?
Specializes in full-scale renovations for apartments. Imagine turning the old into fabulous new homes for people!
Strong relationships with 4-5 clients who trust this business to buy and beautifully rehab their properties.
The best part? This business grows through word-of-mouth alone - no ads, just happy clients spreading the word! Even more, the seller has been managing this gem from out of state. Yes, you heard that right! It's set up so well that it runs smoothly, even with the boss miles away.

Worried about the transition? Don't be! The day-to-day manager, who knows this business inside out, is ready to stay on and help you succeed. The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability. 60% down and 20% earn out or seller financing with 20% retained equity in Newco. Seller is open to retained equity as well.

For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

Property Information

Real Estate:

Lease

Leasehold Rent:

$5,900 per annum

Premises Details:

This is a leased location of 11,000 square feet with a Total monthly rent of $5,900. Seller is active with 20FT and 17 Contract employees. $450,225 in FF&E included in the asking price. General Contractor license required.

Size in square feet:
11,000

Business Operation

Reasons for selling:

Seller lives out of state and invented another patented product he will be focusing on

Employees:
37
Years established:
14

Other Information

Support & training:

14 Days

Financing available:

Down payment with balance over 36 months at interest rate 6%

Furniture / Fixtures value:
$450,225 - included in the asking price