Sell your exterior construction business
Synergy Business Brokers has many years of experience selling exterior construction businesses. If you are interested in selling your exterior construction company, we offer a no-cost confidential consultation. Whether you are interested in selling a company that installs roofing, siding, windows, facades, gutters, awnings, signs, painting, concrete, pools, decks, and more; we have potential buyers interested in buying these types of companies that have a yearly net income of $250,000 to $7 Million.
Some of our prospective buyers are interested in purchasing commercial exterior construction companies, and some are interested in acquiring a residential exterior renovation business, or a company that handles both. You can read about our 15 step sales process, which is designed to sell your exterior contracting company quickly, confidentially, and for the highest price.
Exterior construction companies are in demand
Potential buyers of construction companies range from public and private construction companies to private investment firms and engineering, architectural firms, and companies in related industries. In addition, some wealthy entrepreneurs are interested in acquiring profitable renovation and remodeling companies. Characteristics of construction businesses that draw the most interest are companies that have some of these qualities:
- Growing companies
- A large number of repeat clients
- Use environmentally friendly materials
- A large base of referral sources
- Expertise in a niche area
- Long term skilled employees
- Management structure in place
- Service contracts
- Great Reputation
- Energy Reduction
How much is an exterior contractor business worth?
Construction companies tend to sell for a multiple of their annual net income. The size of the multiple depends on how many desirable factors that the construction company has from the list above as well as other criteria. But if you look at what they sell for on average on databases of closed deals such as bizbuysell, it's usually about 2 to 2.5X your annual net income. So if your net income is $500,000, then the selling price is typically between $1Million to 1.25Million. We represent sellers and get paid a percentage of what the construction company sells for, so we will try to maximize your sales price but keep in mind it has to be priced within reason to attract potential buyers.
Most of our clients are in their 60s or 70s and are selling the business to retire. There has to be a motivation to sell other than price; otherwise, an owner is better of just continuing to work at their company. You can read about some of the other reasons why an owner decides to sell a profitable business and our article on choosing the right time to sell your company.
Contact Synergy Business Brokers to sell your exterior construction company
If you think you might be ready for a confidential consultation, please fill out our seller registration, or call (888) 750-5950. We have Business Brokers with experience selling construction companies in CT, NJ, NY, MA, PA, TX, and sell companies in most states in the U.S. We look forward to speaking with you and discussing whether the timing might be right for you.