Home Improvement Business in Delaware
Business Description
This is an outstanding opportunity to purchase a home improvement company that specializes in stucco installation, remediation and repair for residents in Delaware, Pennsylvania and Maryland.
The owner has decades of experience in the construction trade and prior experience in selling a company. The business is managed with the help of one additional family member. Together they oversee new estimates and general office work. There are 6 long-term 1099 employees that handle the on-site project work.
Most initial estimates can be done in the office using just inspection reports. Meaning, no travel and turn-around time can be minutes, not hours. This also streamlines the pipeline of new projects, allowing them to make informed decisions on which projects to pursue based on inspection findings. Currently, the business operates with an active pipeline of unserviced projects and a growing surplus of incoming inspection reports.
Core Stucco Services:
• Testing
• Repair
• Remediation
• Replacement
In areas including (but not limited to)
• Gutters
• Windows
• Doors
• Siding
The owner has decades of experience in the construction trade and prior experience in selling a company. The business is managed with the help of one additional family member. Together they oversee new estimates and general office work. There are 6 long-term 1099 employees that handle the on-site project work.
Most initial estimates can be done in the office using just inspection reports. Meaning, no travel and turn-around time can be minutes, not hours. This also streamlines the pipeline of new projects, allowing them to make informed decisions on which projects to pursue based on inspection findings. Currently, the business operates with an active pipeline of unserviced projects and a growing surplus of incoming inspection reports.
Core Stucco Services:
• Testing
• Repair
• Remediation
• Replacement
In areas including (but not limited to)
• Gutters
• Windows
• Doors
• Siding
About the Business
- Years in Operation
- 16
- Employees
- 6 Contractors
The six 1099 employees are full-time and all long term employees with the compan - Facilities & Assets
- Real Estate:
Total Lot Size: 5,663 Square Feet
Includes:
o 1450 x 16ft warehouse (new construction)
o 1,175sqft residential property built in 2020
Both buildings on the property are in excellent condition. As is the condition of the overall lot. Real estate is valued at approx. $525,000
There is an extensive asset list of tools and equipment included in the sale price including: 2 fully branded trucks, a 320sqft x 9 ft high container, a dump trailer and a fork lift. Complete list available after an NDA. - Market Outlook / Competition
- There is significant regional demand for stucco installation, remediation and repair. Around 2009, Delaware and the broader Mid-Atlantic region experienced a major turning point in how stucco homes were built, inspected, and sold. The way many builders treated stucco had led to invisible and devastating consequences for homeowners finding mold and wood rot that they never even knew was present. The regional weather patterns of humid summers and freeze-thaw winter cycles only exacerbated the problem.
Today, with updated residential building codes, stucco moisture inspections are standard practice in the region during home sales. Additional revenue stability comes from the high proportion of non-discretionary repair when it comes to finding mold and wood rot in a home. - Opportunities for Growth
- Expansion opportunities:
* Demand currently exceeds operational capacity. By adding additional employees, the next owner could immediately capture this demand, increase project volume, and drive revenue growth.
* Expanding referrals through additional advertising, marketing and lead generation campaigns
* Focusing on different areas of home improvement to develop more lead generation
Primary streams for client acquisition:
Real estate agents and (general) home inspectors + stucco inspectors
Word-of-mouth from clients and from neighbors in the areas where they are working
Home builders
Better Business Bureau + Google business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Current owner is available to train on office management and all other transitionary needs
Listing Info
- ID
- 2541018
- Listing Views
- 11
Listing ID: 2541018 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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