Remodeling in Houston with 800K in Secured Work

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Asking Price:
$794,000

Gross Revenue:
$1,634,933
Cash Flow:
$284,915
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$1,300,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

As an award winning high-end GC for residential renovation & remodeling company, this business is all about fine finishes, architectural detail, and customer service. With over $500k in the Pipeline and nearly $800k in secured work, this design-build team can accommodate customers who want to turn ideas into reality or to those who already have plans in hand. With a goal of creating a turn-key build for clients, this home remodeler can meet the structural and design needs of clients with contemporary to traditional styles.

Working with a small staff, this company is a general contractor with the knowledge and reputation to coordinate everything from a kitchen redesign to a whole-home remodel. With a focus on larger, detail-oriented, and high-end projects, this company works with reputable subcontractors who provide quality craftsmanship when completing projects on time and on budget. At any one time, this business coordinates 4-8 projects and sees little fluctuation in sales throughout the year.

The current owner is responsible for sales/estimates and oversight, but a new owner could assume those responsibilities or hire on an additional staff member. Areas for growth include diversification of services or possibly the addition of staff to increase capacity.

About the Business

Year Established:
2002
Number of Employees:
3
Facilities:
3,600 sq. ft. workshop with 700 sq. ft. office
Growth & Expansion:
Diversify services and projects, increase team to increase capacity, work with investment flippers
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About the Sale

Reason For Selling:
Retirement
Training/Support:
6 months – 1-year transition
Seller Financing:
10% Seller Financing: $79,400

Listing Info

ID:
1609429
Ad Detail Views:
0

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