Established Residential Remodeling & Construction Company, 2007 South Carolina Contractor

Full Editorial Writeup

This is an established residential remodeling and construction company operating across Georgia and South Carolina from a base in North Augusta, SC. Founded in 2007, it specializes in large-scale residential remodeling, home additions, detached garages, and custom home construction, with a particular niche managing substantial renovations inside occupied homes. That occupied-home specialty is harder than it sounds: coordinating complex, disruptive work while a family still lives on site requires project management discipline and communication rigor that many local competitors do not offer.

The company completes roughly 50 to 75 projects per year and runs a consistent two to three month booking backlog, with lead flow driven largely by reputation and a mature referral network rather than paid advertising. On $4.86M of revenue it throws off $1,345,700 of owner cash flow, a 28 percent SDE margin that is strong for a remodeling business and signals real pricing power or tight cost control. The team is lean at 11 people (2 full-time, 5 part-time, 4 contractors), which is both an asset for margins and a flag for key-person dependence.

At a $2.95M asking price against $1.35M SDE, the deal is marked at 2.19x, a reasonable-to-cheap multiple for a profitable project-based contractor. The question any buyer must answer is how much of that cash flow walks out the door with the retiring owner, since the referral engine and backlog may be tied to the owner's personal relationships and reputation in the local market.