Triangle-Area Apartment Repair & Maintenance Biz

Wake County, NC

Established Triangle-Area Leader in Building Repair & Renovation Services

Serving the rapidly growing Raleigh-Durham-Chapel Hill region for over 12 years, this highly profitable building solutions company specializes in renovation, restoration, maintenance, and emergency response services for multifamily apartment complexes and residential properties. With a reputation for reliability, exceptional workmanship, and fast response, this business is the go-to contractor for property managers and real estate investors across Central and Eastern North Carolina.

 

This company operates with a lean, highly efficient team, delivering over $2.7M in annual revenue and robust margins. Services include interior/exterior repairs, fire/water damage restoration, drywall, painting, flooring, carpentry, and more - essential trades increasingly in demand as the region experiences a surge in new apartment construction, aging housing stock, and population growth. Positioned for continued growth with scalable operations, diverse service offerings, and a strong repeat customer base, this is an ideal opportunity for an existing contractor looking to expand into the multifamily sector or an investor seeking a proven, recession-resistant essential services business.

 

Regional & Industry Insights:
• Triangle Housing Growth: The Triangle is adding 40+ new apartment communities annually, with continued in-migration and development around RTP, Chapel Hill, and Raleigh’s beltline. The region consistently ranks as one of the fastest-growing metros in the U.S., adding over 120,000 new residents between 2020 and 2024.

 

• Industry Momentum: The maintenance and renovation sector is poised for expansion due to aging real estate assets and increased investor activity in multifamily housing. Insurance-funded restoration services are in particularly high demand following storm and fire events.

 

• Why Now: Continued multifamily development, especially in Wake, Durham, and Orange counties, is driving up demand for reliable repair vendors. Operators that can handle volume with quality - like this business - are especially sought after by property managers and institutional investors.

 

This is a great opportunity for a qualified buyer to step into a turnkey operation with steady profits and recession resistance. Inquire today.

Listing Number:

24890

Category:

Service - Commercial B2B

Location:

Wake County, NC
$1,299,000

Financial Information:

Gross Revenue:

$3,116,944

Listed Price:

$1,299,000

Down Payment:

$0

Total Income:

$399,013

Year Established:

2013

Lease Information:

Square Feet:

880

Total Rent:

$1,247

Lease Expiration:

12/2025

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$4,172

Inventory:

$0

Other Assets:

Vehicles @ $244,850.(Including 2-3 personal vehicles).

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

12

Training Period:

6 Weeks

Reason for Selling:

Retirement and a move out of the country

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Dale Brunelle
Office: | Cell: (984) 325-0223
License #:

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brokerPhoto
Dale Brunelle
Office: | Cell: (984) 325-0223
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

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Triangle-Area Apartment Repair & Maintenance Biz
Wake County, NC

Listing Number:

24890

Category:

Service - Commercial B2B

Location:

Wake County, NC

Listed Price:

$1,299,000
brokerPhoto
Dale Brunelle
Office: | Cell: (984) 325-0223
License #:

Established Triangle-Area Leader in Building Repair & Renovation Services

Serving the rapidly growing Raleigh-Durham-Chapel Hill region for over 12 years, this highly profitable building solutions company specializes in renovation, restoration, maintenance, and emergency response services for multifamily apartment complexes and residential properties. With a reputation for reliability, exceptional workmanship, and fast response, this business is the go-to contractor for property managers and real estate investors across Central and Eastern North Carolina.

 

This company operates with a lean, highly efficient team, delivering over $2.7M in annual revenue and robust margins. Services include interior/exterior repairs, fire/water damage restoration, drywall, painting, flooring, carpentry, and more - essential trades increasingly in demand as the region experiences a surge in new apartment construction, aging housing stock, and population growth. Positioned for continued growth with scalable operations, diverse service offerings, and a strong repeat customer base, this is an ideal opportunity for an existing contractor looking to expand into the multifamily sector or an investor seeking a proven, recession-resistant essential services business.

 

Regional & Industry Insights:
• Triangle Housing Growth: The Triangle is adding 40+ new apartment communities annually, with continued in-migration and development around RTP, Chapel Hill, and Raleigh’s beltline. The region consistently ranks as one of the fastest-growing metros in the U.S., adding over 120,000 new residents between 2020 and 2024.

 

• Industry Momentum: The maintenance and renovation sector is poised for expansion due to aging real estate assets and increased investor activity in multifamily housing. Insurance-funded restoration services are in particularly high demand following storm and fire events.

 

• Why Now: Continued multifamily development, especially in Wake, Durham, and Orange counties, is driving up demand for reliable repair vendors. Operators that can handle volume with quality - like this business - are especially sought after by property managers and institutional investors.

 

This is a great opportunity for a qualified buyer to step into a turnkey operation with steady profits and recession resistance. Inquire today.

Financial Information

Gross Revenue:

$3,116,944

Listed Price:

$1,299,000

Down Payment:

$0

Total Income:

$399,013

Year Established:

2013

Lease Information

Square Feet:

880

Total Rent:

$1,247

Lease Expiration:

12/2025

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$4,172

Inventory:

$0

Other Assets:

Vehicles @ $244,850.(Including 2-3 personal vehicles).

Additional Information

Full-Time Employees:

2

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

12

Training Period:

6 Weeks

Reason for Selling:

Retirement and a move out of the country

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.