This is a specialty building contractor for sale in Hawaii. After 50 years in business with the same ownership, the owner is looking to retire and pass the baton. A one-stop shop for all aspects of its work, the business has gained a solid reputation for high-quality services. The major part of its new business comes from loyal customers and industry referrals.
This business for sale is highly profitable. As for May 2021, their backlog is four times larger than what it was one year ago and sales during the first four months of 2021 are 58% higher than the same period in the previous year. Being deemed as an essential business it has been working during the pandemic. The business services both residential and commercial sectors. Its market share in the local market is 75%. Due to the well-established business model, the owner can take 4 – 6 weeks of vacation per year.
This is a turnkey business for sale including training and a non-compete agreement offered by the owner. According to the requirements of the State of Hawaii, the Business and its RME must obtain a contractor’s license. The owner is willing to remain after the sale to assist the buyer including being the Buyer’s RME on an interim basis.