Absentee Home Improvement General Contractor & Marketing Company

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Profitable, Turn-key Home Improvement General Contractor & Marketing Company wit
Asking Price:
$2,850,000

Gross Revenue:
$7,817,646
Cash Flow:
$993,395
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Here is your chance to acquire the gem of the home improvement industry! The Company is the marketing and lead-generation engine for home improvement work. This is not your typical general contractor company whose performance is strictly tied to the real estate market. The Company has been established for 13 years and has a sophisticated business model and infrastructure in place that propels its growth and ability to scale. The Company is preparing to launch a new geographic location in 2019! The Company specializes in home improvements, which includes complete remodels, additions, kitchen and bath, roofing, hardscape, and limited painting, electrical, and plumbing work. The Company features an excellent reputation, brand recognition, professional and experienced staff, and the Company has won a number of awards within the trade. What makes this Company truly one-of-a-kind is its proprietary marketing, trained salespeople, and management team in place. The Company has a general manager and production staff in place. The Seller is mostly absentee, runs other businesses, and is only involved in high level strategy and supervision. This Company is ideal for other general contractors who are industry adjacent such as solar, restoration, painting, or for real estate developers and entrepreneurs who seek a high cash flow business. Contractor’s license is not required for the buyer! The Company comes with an RME in place. A/R may be purchased in addition to the asking price. Avg A/R is approx. $350K.The Company has clean books and records. Seller is selling to focus on other businesses and will use sales proceeds to fund new ventures. This deal won’t last long! For additional information, please contact Listing Agents Adrianna Smith and Lana Hout at 310-560-5101 / 949-433-1291 or asmith@fcbb.com / lhout@fcbb.com

About the Business

Location:
Los Angeles, California
Year Established:
2006
Number of Employees:
21
Facilities:
This is a leased location of 1,870 square feet with a total rent of $8090.38. Lease ends 08/2020. Seller is not active in the business with 7 ft employees and 14 independent contractors. Hours of operation are 9 am to 5 pm, monday - sunday. $40,000 in ff&e included in asking price. $10,000 made in leasehold improvements. Assets include a/r may be purchased in addition to asking price. Average a/r is approximately $350,000! Ca general contractor's license required.
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About the Sale

Reason For Selling:
Other business interests outside of industry
Training/Support:
30 Days

Listing Info

ID:
1574537
Ad Detail Views:
0

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Business Listed by

Adrianna Smith

First Choice Business Brokers LA
License# 01957172

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