Our firm presents a high growth, high margin Estimation Automation Service for all stages of the Construction Process, Specialized or Otherwise. A streamlined and software-based system, this company carries incredible competitive advantages in this evergreen niche. Averaging a 56% YOY Growth Rate, this business has not skipped a beat during COVID. Providing specialized construction estimating, this firm works with contractors, owners, suppliers, and cost consultants alike to ensure both accuracy and consistency within their estimations systems for their Project Bidding Process.
Encouraging collaboration, this company stands above the crowd through effective data management, and reporting software for better visibility and communication. Carrying a solid foundation, this brand still has plenty of room for swift and sustainable scale through marketing development, international expansion, lead generation improvements, service extensions, and limited in-person offerings as the construction sector is an infamous last adapter of new technologies. This is demonstrated by the immense success brought on by this company’s trade show participation.
From construction site work to electrical installation and repairs, this lucrative business provides estimating and cost consulting across the entirety of the construction vertical. This firm’s awareness and customer base will skyrocket with the addition of small office spaces within the more active regions of the US. This is due to the tendency for the construction field to be last adaptors of all new technologies and systems. It is predicted that even a simple one-man office would more than double local revenue streams.
Additionally, participation in one trade show in 2020 resulted in $200,000+ increased revenue. As this brand also carries a repeat customer rate of more than 80%, these new customers are projected to bring in $1M+ in lifetime value. Participation in multiple trade shows yearly is sure to set a tone for growth.
Leveraging their own in-house marketing and client relations system, this company has seen incredible growth. From their jaw-dropping 68% Year over Year Growth, we can see how effective this method has been so far. However, the addition of SEO tactics, improved lead generation initiatives, industry partnerships, and social media advertising are highly impactful strategies for success within this consistently booming niche market.
Current ownership spends an average of 50+ hours each week maintaining and growing this business. Their responsibilities center on key account management, business development, organization leadership, all recruitment concerns, process streamlining, and new personnel training. These responsibilities could be minimized dramatically through the addition of a new business development department. Additionally, the current owners are happy to both train the incoming buyer and stay on in a limited capacity in order to help with the transition stage.
There are currently 65 team members working with this firm in a multitude of positions. Within the operations department, there are 45 people who specialize in 4 different categories. There is a team lead and quality control manager, and there are three staff members in each of these positions. Next, there are 30 civil engineers and 12 trainee engineers who assess requests and create proposals for clients.
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