Turnkey Multifamily Rehab & Construction Business for Sale

Columbus, OH

Seller Financing Available

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Asking Price:$19,089,000
Gross Revenue:$15,496,442
FF&E:$450,225
Cash Flow:$5,135,660
Rent:$5,900/Month
Established Year:2010
BUSINESS DESCRIPTION

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) at trent@fcbb.com.


DETAILED INFORMATION
Location
Columbus, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
11,000
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 11,000 square feet with a Total monthly rent of $5,900. Seller is active with 20 FT employees and 17 contract staff. $450,225 in FF&E included in the asking price. Columbus, OH - General Contractor License required.
Financing
$13,000,000 down payment with balance over 36 months at interest rate 6%
Support & Training
14 days
Reason for Selling
Seller lives out of state and invented another patented product he will be focus
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Trent
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Trent Lee