General Contractor?
December 12, 2025
by a searcher from University of Pennsylvania - The Wharton School in Danville, CA, USA
Hey Folks,
I'm a self funded searcher. My objective is to buy a business that can cash flow. No need to 20x the business. I'm looking at a general contractor that has had consistent growth YoY for the last 5 years. They have a very strong marketing engine, 14% SDE margins with almost no employees (fully subcontracted labor) so asset light. Yes, it's project revenue (remodels, ADUs, etc.), but seems consistent. I don't think the owner brings a magic to the process that couldn't be replicated (I fully understand there will be a learning curve but less key-man risk.) And because it's asset and people light, it's very expandable. It's also in a high income area which are more buffered from recession.
What are your thoughts on this?
from The University of Chicago in Nashville, TN, USA
from The Ohio State University in Columbus, OH, USA