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Handyman and General Contracting Business
A Charleston handyman, remodelling and general contracting business with returning residential and commercial customers and revenue up 70% over two years.
Business Highlights
- Revenue up 70% over the last two years
- Remodelling, general contracting and handyman work under one roof
- Returning customers across residential and commercial segments
- Owner benefit of $252k
Considerations / Questions to Ask
- All revenue is one-off projects. How predictable is the pipeline month to month?
- Who does the work, employees or subcontractors, and how many?
- What licences does the general contracting work require in South Carolina, and whose are they?
- The seller's path to $1M is a projection. Ask what it assumes.
- How much of the returning customer base is personal to the owner?
Opportunities
- Charleston's growth keeps adding homes and businesses that need repairs
- Handyman jobs lead into larger remodels with the same customer
- Service plans for property managers would add recurring revenue
- A contractor already in the market could fold this in and add capacity