Great opportunity to acquire a long established, full-service, construction and restoration company. The Company is a leader in their field and serves both commercial (20%) and residential (80%) clients. New business is attained via word of mouth referrals, online high ranked positions in Google, Houzz, and Angie’s list, and organic online searches. Highly respected, this licensed contractor sets themselves apart by their reputation for providing uncompromising professionalism, top notch customer service and attention to detail.
Since the 2020 pandemic began, homes have transitioned into makeshift offices, gyms, classrooms, and more. With so many homeowners spending more time at home, the desire to create cozy, functional, and beautiful spaces seem to be on the rise. Market trends point towards industry growth spurred by COVID-19. Below are identified opportunities for near-term growth:
Business Development: Currently, the owner is the only salesperson. Adding commissioned salespeople to be a physical presence in targeted markets could increase revenue significantly, without much added expense.
Geographic Expansion: There is huge growth potential in expanding the service area, minimally increasing the project budget, and widening marketing activities.
Marketing: Increasing the Company's online presence and leveraging the existing client base with expanded marketing efforts could strengthen the company’s revenue.
Exit strategy towards retirement.