Hays County 5-Star Resident Contractor | $1.4M Rev / 20% Margins
Business Description
Established in 2016, the company is a privately held residential construction and remodeling business operating in the greater Austin area servicing affluent neighborhoods for all development and outdoor remodels. Specializing in home improvements for outdoor living, landscaping, pergolas and decking.
The business has a reputation for quality achieving 5 star reviews across 1,300 existing customers. With such outstanding references, the business doesn't currently do any outbound marketing. All of the current annual revenue comes from existing customers and referrals which creates a high level of upside revenue opportunities within existing customer portfolio for new ownership to grow.
The business is run by a single owner/employee with a team of subcontractors. The owner is willing to operate with seller financing, pending terms. Additionally, the owner is willing to stay on as a commission based seller and available for contracted consulting for additional business services required.
The business already has projects filled through the rest of the year and has velocity to start the new year with new ownership.
The business has a reputation for quality achieving 5 star reviews across 1,300 existing customers. With such outstanding references, the business doesn't currently do any outbound marketing. All of the current annual revenue comes from existing customers and referrals which creates a high level of upside revenue opportunities within existing customer portfolio for new ownership to grow.
The business is run by a single owner/employee with a team of subcontractors. The owner is willing to operate with seller financing, pending terms. Additionally, the owner is willing to stay on as a commission based seller and available for contracted consulting for additional business services required.
The business already has projects filled through the rest of the year and has velocity to start the new year with new ownership.
About the Business
- Years in Operation
- 9
- Employees
- 6 (1 Full-time, 5 Contractors)
- Currently Home Based
- Yes
- Market Outlook / Competition
- The business is averaging over $1.5M per year with as much as $2.3 million in a single year. The business has survived economic down turn and successfully created profits with no debt. There are not many service providers with the same level of quality feedback as this business with hundreds of 5 star ratings across multiple websites, having serviced 2500 customers over the 10 year period.
- Opportunities for Growth
- Austin, TX is experiencing 170 new families moving into Austin each day. Neighborhoods and planned communities are approved. Existing neighborhoods are surpassing 10+ years old and requiring home improvements and remodels/deck replacements. With 10 years of experience, the business has a reputation for quality and has become the go to resource for upgrades and modifications to affluent neighborhoods in Dripping Springs and other Austin based communities.
About the Sale
- Seller Motivation
- Owner 5-10 years out from retirement
- Transition Support
- Owner willing to stay on to provide consultative support within the business and operate as a commissioned sales rep to serve and support existing customer base. There is no need to change branding or positioning as the brand has a longstanding reputation and the owner will continue to stay involved to retain the brand awareness and customer relationships as needed.
- Financing Options
- 25-30% down; Open to seller financing pending terms
Listing Info
- ID
- 2432022
- Listing Views
- 19
Listing ID: 2432022 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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