Residential Construction Company in NE Ohio
Off-MarketNorth Royalton, OH
Residential Construction Company
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$1,700,000
$300,000
17.6%
2017
30+ Days
Customers
Residential construction company specializing in new builds including garages, barns, and additions.
Customer Acquisition
Generates leads through SEO, word-of-mouth, and home expos.
Team
The company has six employees plus a network of licensed and bonded subcontractors for specialized work like plumbing and electrical. One of the biggest challenges the owner has faced is hiring a good sales manager, having had limited success with multiple hires over the past couple of years. The previous sales manager hired a sales team that sold $800,000 in work at unsustainably low margins, costing the company $1.3 million to complete last year.
Owner's Role
The owner manages sales, field work, customer relations, hiring, and recruiting across all aspects of the business. He spends most of his time in the field, jumping between job sites to check quality and manage subcontractors and customers.
Reason for Selling
The owner seeks to exit the business to pursue real estate investment and house-building ventures.
Contracts
The business is currently booked out seven to eight months with existing projects.
Real Estate
Lease an office where the Operations Manager and Vice President work out of. The company owns **two trucks and three trailers valued at approximately $50,000**, all with no outstanding debt.
When Are You Looking to Sell
ASAP
Licenses Required
The company holds a general contractor's license in Ohio, which allows it to handle residential projects from the ground up. Licensed and bonded subcontractors in the company's network handle specialized work requiring specific licenses.
Additional Notes
The company primarily serves the Northeast Ohio region within a 100-mile radius.
Business ID: 1554
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