Profitable Home Builder & Renovations Business for Sale in New Jersey

Overview: An exceptional acquisition opportunity has emerged for a well-established home renovation business in New Jersey. This company, with over 8 years of experience in the industry, specializes in high-value additions and design-build projects. The business has a strong market presence, with ongoing contracts valued at $3 million and impressive projected earnings, making it an ideal investment for a buyer looking to enter or expand within the home building and renovation space.

Financial Highlights:

• Signed Contracts: $3M (value of ongoing projects)
• Estimated Profit: $500K (from current contracts)
• Gross Profit: $1.7M (annual gross profit showing strong financial health)

These figures demonstrate the financial strength and stability of the business, making it a highly attractive option for investors looking for a profitable acquisition.

Operational Structure:

• Lean Business Model: The company subcontracts all of its work, reducing overhead costs and maintaining flexibility. This operational structure ensures minimal fixed expenses while maximizing profitability.
• Key Personnel: The company operates with two critical 1099 contractors, including the owner's brother, who handle the majority of operations. This team ensures smooth business functions without the need for large in-house staff.
• Minimal Physical Assets: The business operates out of a small office space (600-700 sq ft) on a month-to-month lease, costing only $710 per month, which allows for easy scalability and low overhead.

Market Position & Specialization:

• High-Value Projects: Specializing in home additions with project values ranging from $200,000 to $400,000, the company is positioned in a lucrative segment of the home renovation market.
• Design-Build Expertise: Offering comprehensive services, the business outsources architecture, with a markup, allowing it to focus on high-quality execution and project management.
• Strong Online Presence: A solid reputation is backed by a 4.7-star Google rating, indicating high customer satisfaction and trust.

Acquisition Advantages:

• Owner Support: The seller is willing to stay on as a consultant post-sale, providing a smooth transition and ensuring continuity for clients and projects.
• Remote Operations: The ability to operate remotely adds flexibility, allowing the buyer to manage the business from anywhere, with minimal physical infrastructure.
• Growth Potential: With a well-established brand, ongoing contracts, and strong market positioning, the business offers significant potential for growth. There is an opportunity to expand both the client base and service offerings, taking advantage of the current momentum.

Conclusion:

This home building and renovation business presents a unique opportunity for a buyer to acquire a profitable company with strong cash flow, ongoing contracts, and a well-established market position. With the added benefit of the seller's continued support post-sale, this business is well-positioned for future growth. Whether you're an investor looking for a turnkey operation or a seasoned industry professional seeking to expand, this opportunity offers substantial upside.