Well Established Home Construction Business For Sale

New Jersey
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Asking Price:$500,000
Gross Revenue:$1,723,000
Cash Flow:$407,000
BUSINESS DESCRIPTION

HS Listing ID-63983

$3 million in signed work, estimated $500,000 profit
• Company has no assets, only contracts and website
• Subcontracts all work, no direct employees
• Great online presence with 4.7+ Google rating
• Two key employees (including owner’s brother) paid as 1099 contractors
• Office space: 600-700 sq ft, $710/month, month-to-month lease
• Specializes in additions, average job $200,000-$400,000
• Design-build company, outsources architecture with markup
• Owner willing to stay on as consultant post-sale
-Owner works full time remotely
Gross profit: $1,723,044
Labor cost: $217,456

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Support & Training
Yes.
Reason for Selling
Other business interests.
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Demerik
Weglinski
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Demerik Weglinski