New England Foundation Repair Company, 20-Year Massachusetts Waterproofing Contractor

Full Editorial Writeup

This is a 20-plus year old foundation repair and basement waterproofing contractor operating across a multi-state territory in the Northeast, serving both residential and commercial clients. The company delivers a technical menu of structural repairs, including epoxy and urethane crack injection, structural pinning, carbon fiber wall reinforcement, masonry repointing, bulkhead installation, sump pumps, and interior drainage systems. It operates under a licensing arrangement with a regional brand, which supplies brand recognition and marketing support while leaving the owner full control over vendors and daily operations.

The business runs on 11 employees and a modest asset base: three sprinter vans, two pickups, two cars, a trailer, a tractor, and roughly $50,000 in equipment and tools. It backs structural and water-related work with warranties up to 10 years, which it positions as a differentiator against local competitors that lean on high-pressure sales tactics. That warranty posture matters in a category where the customer is usually a homeowner making a large, unfamiliar, and often urgent purchase.

On $2.61M of revenue the business throws off $782,538 in cash flow, a healthy roughly 30 percent margin for a trades operation. At a $2.1M ask that is a 2.68x multiple on SDE, which is reasonable for an owner-run contractor. The core thesis is durable demand: New England's aging housing stock generates a steady, non-discretionary stream of foundation and water-intrusion problems that owners cannot ignore.