Our seller client, a local Boulder builder for twenty years, has in recent years combined two unique entities into one overall operation. He is now offering both to be sold together in one transaction. One company is a contractor. The other is a related service firm.
The construction entity is a full-service construction, green building, remodel, design/build, and renovation company. They are currently licensed to build and work in Boulder County and in the cities of Boulder, Longmont, Lafayette, Nederland, Louisville, and Estes Park – an area across the foothills and front range of Colorado that continues to expand rapidly.
Remodeling work using green building techniques is their primary offering and revenue stream, in direct response to the surrounding area’s high demand for environmental building solutions and new building projects within the Boulder area.
Seller is starting another business
Seller will train new owner as needed
Business is currently operated out of the owner’s home. It would be ideal to establish an office for this business. It has grown to that level.
This company has always had many competitors. But, these two companies have built local relationships with sub-contractors, other local builders, county and city regulators and inspectors. They also have strategic partnerships with one key Boulder County program, one local business, and one prominent area non-profit. Along with strong word-of-mouth referrals, these are its primary sources for prospective clients, but the companies also employ both traditional and modern marketing tactics.
For the combined businesses, a simple growth opportunity exists with the addition of scale and bandwidth to fuel their ability to fully meet the increasing demand for services. The Denver/Boulder market is thriving. It is one of the best places to live in the United States. The average population age is 37. The average home in the City of Boulder is selling for almost $1,000,000. In Boulder County, it’s over $650,000. This offers a great market for these companies.
$175,000, 6.5%, 5 Yrs. with possible $300,000, 10-Yr. SBA/Bank Loan.