The phrase describes an current enterprise entity working within the building {industry}, the place its main operate is to handle and oversee building tasks, provided for buy to a brand new proprietor. This enterprise sometimes possesses established operational procedures, shopper relationships, and probably, a workforce of workers. An instance features a firm specializing in residential renovations with a confirmed monitor document and an current portfolio of tasks now obtainable to accumulate.
The provision of such a enterprise gives a probably accelerated entry level into the development market. This selection can provide benefits equivalent to a right away income stream, pre-existing vendor relationships, and a identified model presence. Traditionally, buying a longtime enterprise on this sector has been a technique for increasing market share shortly or getting access to a specialised service providing.
