Award-winning Class A General Contractor with a $13.5m pipeline

Seller Financing Available

Filament Business Advisors is proud to list this established Specialty Contractor for sale. With a 30 year record of all manner of design/build remodeling, new construction, historic preservation and custom carpentry, this business has developed an incredible pipeline of projects all around the Richmond Virginia Metro. This contractor has a great reputation in single family and custom built, multi-family, mixed use, commercial and historic adaptive reuse. In an industry facing economic headwinds and labor shortages, acquiring an established business, team and clients is a proven, fast and cost effective growth strategy.

They have received the prestigious Golden Hammer Award by A.C.O.R.N. for the best residential restoration in the city and has been nominated several times since, placing in the top three multiple times. The company has also received special recognition for the best commercial historic restoration on a large scale from the Better Housing Coalition and has been featured in the Real Estate section of the Richmond Times Dispatch and Style Weekly several times for historic restoration. They also have excellent credit and a $75,000 line of credit that would convey paid off with the sale.

Currently this company has over $1.9m in signed contracts. It has another $2.5m in preconstruction, design and logistics expecting signatures in September, and another $11m in work in development for 2025 and beyond. While the owner is looking to retire, he is willing to stay on to acquaint a buyer with existing clients and to shore up the pipeline. His project manager, also a class A contractor, his bookkeeper, three exclusive carpenters and long time subcontractor partners are willing to stay on and continue to ply their craft and support the company and its clients post sale.

A good buyer would be an existing general contracting business that is looking to pick up a large portfolio of work and skilled workers in new territories, or a licensed contractor who’d like to start his own business with a massive head start and a built-in rainmaker. Obviously developers, investors and other building trades people might see a reason to invest in an established, successful and growing firm. The company has multiple leases on workshops and storage facilities that a new buyer could opt to assume. There is also a variety of specialized machinery, tools and vehicles that could be purchased if desired. Due to the value of the contracts, this would likely be a corporate sale in which the buyer purchases the legal entity, as opposed to just the assets of the business.