HS Listing ID-71800
Asking: $550,000
Seller Financing: Seller is open 50% down payment of the business and receive the other 50% over the next 3-5 years.
2026 YTD (May):
Gross: $170,509
Cost of Goods: $63,490
Net Profit: $105,279
2025:
Gross: $413,883
Cost of Goods: $159,882
Net Profit: $249,847
2024:
Gross: $597,188
Cost of Goods: $222,610
Net Profit: $370,338
Business Summary:
This company is a General Contractor in the Erie County, Ohio region. This company has no marketing platform, great for growth for a potential buyer. The company has an architect on staff giving it a leg up on the competition in the area. Company uses a 1099 billing model for employees to keep costs low.
Services Offered
The company offer a variety of services, but makes its bread and butter with 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. Cost remain low for these additions as the architect is on payroll and not outsourced
Roofing Contract – Company maintains one roofing maintenance contract with a commercial business in the area. The inspections are made quarterly with a yearly revenue of $12,500
Business Overview
Established in 2006
LLC established in 2013
General Contracting business, primarily residential home remodels and additions
Business is 90% remodels for current home owners
Operates mostly in Erie County, Ohio
Workforce: 3 1099 Employees, 1 of these employees is an Architect
Pipeline: Current owner is bidding on 2-3 jobs weekly
Ownership & Operations
Owner is semi-passive, Currently works 7am-12pm delivering materials, bidding projects, and completing estimates
No physical labor needed by the owner
No marketing currently; all business is from repeat customers and word of mouth (marketing = value add)
1 Employees may be willing to take the owner role for a wage increase, making this a fully absentee company. This employee would need to be backfilled to keep operations the same
Licensing & Certifications
Licensed as General Contractor
No material contracts—11% in rebates given by local materials supplier
Long standing referral platform with materials supplier and past customers
Reason for Selling:
Seller is looking to retire
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2526913