Successful Building Contractor and well-established Property Management Company in NH.
Price: $1,355,000
Location: New Hampshire
Industry: Building and Construction
Listing ID: CM082021
This is a unique opportunity to own two complementary business in the beautiful state of New Hampshire. This offering consists of a well-established contracting / construction company along with a successful property management company.
Business Descriptions
Founded in 1993, this Building Contractor is a strong, well-known company with a great reputation in the community. They are a custom builder of high-end homes, also offering interior renovations, construction of exterior buildings, custom woodworking projects and complete home additions.
The Property Management company provides year-round management for 17 different condominium associations and several private homes. Their services include landscaping, snow removal, professional cleaning services and repairs with licensed tradespeople including plumbers, electricians, carpenters, pest control as well as financial & administrative services.
They also offer rental management for both short and long-term rentals in this vacation destination.
Listing Details
Cash Flow: $208,000
Inventory: $105,000 (Included in Price)
Real Estate: $750,000 (Included in Price)
Reason For Sale:
Retirement
Training & Support:
Seller will assist in transition
Operation
Year Established: 1993
Days & Hours of Operation: 24/7 on call
Location
Facilities Information:
Real Estate (approximately 6,500 sq ft) includes office space for both Businesses, garage for equipment and a conference room for use by clients of the Property Management company business to hold association meetings.
One office space is currently rented to a tenant, adding $10,000 per year in income. There is room for additional tenants in the surplus office space.
Summary
Owner Qualifications:
Contractor licenses for trades – plumbing, electrical, etc.
Real estate broker license if handling rents for owners