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Listed by:

The Firm

Renovations And Remodeling For Niche Clientele For Sale

Houston, Texas
Asking Price:
$1,375,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,115,793 (USD)
Cash Flow:
$383,233 (USD)

This Texas based general contractor focuses on complete home remodels (70%), home additions, roofing, and concrete work while also providing maintenance and repairs, making them a versatile one stop shop in the industry. Providing services to half of Texas including Houston over to San Antonio and up to Dallas, clients include large real estate investors, private entities, and some residential. A small amount of commercial work includes strip mall centers, government contracts and housing authority projects. 2018 showed a 43% profit margin! The current owner does not do field work and oversees operations only.

The 4,200 sq. ft. warehouse, ½ acre equipment yard, and 2,500 sq. ft. office building currently used is available for sale or lease, separate from the sale of the business. Assets include 8 vehicles, 9 trailers, 2 portable pressure washing rigs, manlift, fans, dehumidifiers, water extractors, excavator, 5 commercial mowers, landscaping equipment, computers, office equipment and scanning camera.

With an infrastructure set up to support larger clients and maintain relationships, this experienced staff of 12 continues to build solid relationships with their clients. Employees include PT Admin Assistant, PT Office Manager, PT Network IT, Operations Manager, Residential Estimator, (2) Superintendents, Commercial Specialist, (2) Client Support, Document Control, Inside Sales and field crew. Work flow controlled with integrated order management system, maintains A/R and contractor A/P.

The current owner does no field work and is willing to stay on up to 6 months, if needed. Responsibilities include operations, financials, sales and client relations. Growth opportunities include expanding into business to consumer residential projects as well as taking on more governmental commercial contracts.

Property Information

Real Estate:

Lease

Premises Details:

4,200 sq. ft. warehouse; 1/2-acre equipment yard; 2,500 sq. ft office building (3 offices, 15 workstations, conference rooms, etc.)

Business Operation

Expansion Potential:

Take on more governmental commercial projects

Reasons for selling:

New non-competing endeavors

Employees:
12: PT Admin Assistant, PT Office Manager, PT Network IT, Operations Manager, Residential Estimator, (2) Superintendents, Commercial Specialist, (2) Client Support, Document Control, Inside Sales and field crew
Years established:
2004

Other Information

Support & training:

Up to 6 months if needed

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $1,375,000
12% Buyer Down Payment: $165,000
13% Seller Financing: $171,875
76% Bank Loan: $1,038,125

Furniture / Fixtures value:
$385,628 (USD) - included in the asking price
Related Documents:

Contact Information

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