Does anyone have any experience buying a contracting company

by a searcher from Columbia University

1 year ago

I'm considering purchasing an interior and exterior stair contractor. The major downside, IMO, is the project revenue. What are your thoughts on such a business? How would you think through such an acquisition?

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searcher from Northwestern University - Kellogg School of Management

Oleg--As a real estate investor, I think about stairs as life safety, meaning I will replace stringers and risers before I do almost anything else. They are non-discretionary. Stairs are also acyclical. Its true that customers may try to delay replacement, and you may get fewer jobs to build a new set in conjunction with remodeling activity, but there should be some subset of stable demand driven by required replacements. I would try to understand what proportion of the company's work is replacements vs. renovation related, and customer composition as well.

1 year ago | like reply | 1 like

intermediary from California Lutheran University

I just sold mine 18 months ago if you want to talk

1 year ago | like reply | 0 likes

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