Sell your construction business.

License class, bonding, and what a successor can legally run

A construction sale is a license class, a surety relationship, and a set of jobs that are either under contract or still in the bid pile. Buyers underwrite whether they can become the qualifying individual—or hire one—before they care about last year’s revenue. Bonding capacity follows working capital and personal indemnity. If the bond line is really your personal balance sheet, say that. A buyer cannot assume a surety will simply swap names.

Residential remodeling, light commercial, and public-works each carry different insurance, retainage, and prevailing-wage paperwork. We will not blend a kitchen-and-bath book with a municipal bid shop and call it one company.

Contracted backlog versus a colorful bid board

Signed contracts, notices to proceed, and deposits are backlog. A spreadsheet of “90 percent likely” bids is pipeline. Buyers haircut pipeline hard, especially if you are the estimator and the project manager. Change-order history and retainage aging tell them whether the margin on the job cost report will still be there at closeout.

Equipment is real money only after liens and leases are mapped. A skid steer that is titled to you personally, or a trailer the bank still holds, is not automatically in the deal. Weather and winter shutdowns belong in the year, not in a spring annualization.

Liens, punch lists, and the handoff on an open job

Open jobs need a schedule of values, retainage, and who owns callbacks. Subcontractor pay apps and supplier accounts have to assign or be replaced. If you want to keep a small remodeling company after selling the commercial book, draw that line before anyone tours the shop. Competing with your own buyer is how construction lawsuits start. Bridge Point will put license transfer, landlord consent on the yard, and the surety conversation on one calendar.