Construction Guy 🏗️

Construction professional 🦺 sharing the inside scoop on all facets of the small service building world

[Construction Guy 🏗️ @builderbizguy]

Riches are in the niches: I work with a job site capture company (photos and videos of construction sites). They work in 10 states and do 8 figures in revenue with local contractors in each city and 4 full time employees.

[Construction Guy 🏗️ @builderbizguy]

@sweatystartup I love this idea. 20 hours in the lithium mines followed by a fun adventure in a self storage facility.

[Construction Guy 🏗️ @builderbizguy]

@sweatystartup Who will take over the desktop beverage holder market?

[Construction Guy 🏗️ @builderbizguy]

@pjmcgeary Hang cleans or power cleans?

[Construction Guy 🏗️ @builderbizguy]

@JWurzak What did the GC do that made your realize your mistake?

[Construction Guy 🏗️ @builderbizguy]

@Pineal_glance @TheWolfofREI Can you elaborate

[Construction Guy 🏗️ @builderbizguy]

@SamEshaghoff Surprise courtyard! Might as well be in Barcelona

[Construction Guy 🏗️ @builderbizguy]

@constructdive A real tragedy, so many of which could be easily avoided with adequate planning and safety personnel

[Construction Guy 🏗️ @builderbizguy]

@Upwork is a great place for get cheap, quick CAD drawings and construction estimates for a many contractors

[Will Fry @BuySellSMB]

In 2019 there were a total of 6.1M SMBs with employees in the US.

Of those 6.1M…

61% had less than 5 employees.

And, 77% had less than 9 employees.

For some perspective, a janitorial company with 5 FT employees is doing ~$400k in revenue and a plumbing company is doing ~$900k.

When people talk about the “Silver Tsunami” this is what it actually looks like.

It’s not an ocean of $750K EBITDA recession-resistant, recurring-revenue service businesses.

It’s a ton of small businesses doing $120K - $300K in SDE worth somewhere between $300K - $900K in EV.

You can spend time holding your swing for the 20% that fit the classic buy box, competing against everyone else but getting a more sturdy business.

Or, you can grab a solid business for $700K sometime soon, and spend a year or two investing in the operations and learning the trade.

Neither approach is better than the other, but the latter deserves more attention IMO.

[Construction Guy 🏗️ @builderbizguy]

@JerrelTewes @TheWolfofREI Reasonable for older buildings with smaller floor plans. Going to have to get creative with these

[Construction Guy 🏗️ @builderbizguy]

@tomgara Except if you are constructing a building 🤪

[Construction Guy 🏗️ @builderbizguy]

When the dreaded NCR (nonconformance report) gets sent to the office trailer, you begin to wish that you spent more time planning and less time doing.

[Construction Guy 🏗️ @builderbizguy]

Fascinating listen about acquisition entrepreneurship in the construction space from @AcquiringMinds_ https://t.co/NglRD8Jbua

[Construction Guy 🏗️ @builderbizguy]

@antonia_mdprjct And water will get in!

[Construction Guy 🏗️ @builderbizguy]

@BrennanTweets Way less fun to look at tho

[Construction Guy 🏗️ @builderbizguy]

@conexpoconagg Is this a boom measuring competition?

[Construction Guy 🏗️ @builderbizguy]

@BrennanTweets 19 as a concrete inspector, rippin heaters in the work truck

[Construction Guy 🏗️ @builderbizguy]

Construction project partnering/facilitating is a niche opportunity, required by many contract specs. This individual comes in as a project “therapist” to communicate information between contractor and owner. Remote service opportunity to support the construction industry.

[Construction Guy 🏗️ @builderbizguy]

@BrendanFWallace Going to see an emergence of companies focus on the retrofits that will bring these buildings to code. HVAC escape surveys, insulation installers and glass installers 📈