Residential Construction Businesss In MN

Description

Residential construction company for sale specializing in exterior improvements and remodeling work. The business has developed a steady flow of projects through referrals and repeat customers.

Services

• Window replacement and installation
• Roofing
• Siding
• Residential remodeling
• Other related exterior improvement work

Customer base

A significant portion of new work comes from referrals and the company's existing reputation in the local market. The seller reports consistent demand across its primary service categories.

Operations

The business has established estimating, scheduling and project-management procedures already in place. Buyers should review how much of the sales process, customer communication and job supervision is currently handled by the owner.

Growth

• Increase digital and local marketing
• Develop additional referral partnerships
• Add sales or project-management staff
• Expand into nearby service areas
• Increase higher-value remodeling projects

Buyer review

Buyers should verify historical financials, backlog, active contracts, gross margins by service type, customer concentration, subcontractor costs, warranty obligations and working-capital requirements.

Contractor licensing, permits, workers' compensation, general liability insurance and the classification of any subcontracted crews should also be reviewed before closing.