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In Business: Prescott & Sons Construction

Posted: July 24, 2012 - 5:14pm  |  Updated: July 24, 2012 - 6:06pm

 

Josh Prescott believes in two things: doing an honest job and giving a fair price.

As of the owner of Prescott & Sons Construction, along with his wife, Ashley, Josh said he believes that business model has created their success.

In business since 2005, the company opened its first office at 708 West Ave. in May.

Josh has been in construction since he was 12 years old, working alongside his uncle, Chris Williams, who owns Williams Roofing & Construction in Langley. He named the business to reflect his two sons, who are growing up learning the trade and may follow in his footsteps. He also has a daughter.

As a child, Josh would frame houses, and he was taught to do it the right way and not take shortcuts, he said. But he never was able to see the finished product.

“It would drive me crazy,” he said.

After high school, he worked full time in construction before taking a job at Savannah River Site. After years of building and subcontracting, he was inspired to get his residential contractor’s license and then general contractor’s license. He gave up the job security he had at SRS and took a risk on opening his own construction business just as the housing market crashed.

“Our business has doubled every year since it started,” Ashley said, noting that it was a risk worth taking.

Part of that is because of reasonable prices, Josh said. He didn’t grow up rich and he knows that money doesn’t come easy. For that reason, he keeps his prices competitive.

“I can build a house and have 20 percent profit when most builders want 50 percent profit,” he said.

The company focuses on building, remodeling and roofing. Josh said he enjoys remodeling the most.

“I like taking something old and making it look brand new,” he said.

With the economy still struggling, Josh said many people are staying in their old homes and having them remodeled or adding on rooms to get the space they need, because it’s cheaper.

The Prescotts also have a rental company and flip houses, which has helped them to be able to keep their prices low because they don’t depend on construction income alone. Recently, they have purchased two properties in downtown North Augusta with burned houses and are working on cleaning up the properties and rebuilding.

Ashley manages the rental properties as well as runs the construction business as the designer, accountant, bookkeeper, secretary and more. She has a real estate license and recently passed the national general contractors exam and will be licensed in Georgia and South Carolina.

“I truly believe that if you live right, treat people right and give an honest price, that good things will happen,” Josh said.

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