Profitable Remodeling Contractor with Transitional Support From SellerListing: #RL00126
About this business for saleProfitable Remodeling Contractor with Transitional Support From Seller
This is a rare opportunity to enter the sector with existing cash flows, critical supplier relationships and a solid book of business with transitional support from seller and strong management team in place.
This is an established but still growing business aligned with the significant market demand for both new construction and remodeling in the NC triangle. The company can provide suburban new home construction, home renovation, and remodeling projects as well as manage design and planning elements. Broad range of operational competencies support pivoting to market swings. The company is a respected and established player in the industry, and seller is committed to a successful transition.
The NC Triangle construction market has never been more dynamic as evidenced by Durham downtown revival, corporate ingress, business friendly governance and a nationally acclaimed reputation for livability. This listing is a rare opportunity to enter the sector with existing cash flows, critical supplier relationships and a solid book of business.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.