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Residential Remodeling Construction Company In Houston SBA Financing For Sale

Houston, Texas
Asking Price:
$328,700
Sales Revenue:
$757,977
Cash Flow:
$167,751

This residential remodeling company has been in business for 38 years and services the upper-class professional areas in the Medical Center, West University, and Bellaire areas of Houston. The company regularly has a backlog of work with clients that are willing to wait. The company does no advertising and has no website – 100% of the jobs come from word-of-mouth and has had steady growth year-over-year. Their strength comes from a superior workforce and a solid / loyal client base. Building a website and online presence, introducing marketing, social media, & advertising would be beneficial for a new owner to experience even higher growth. Top remodeling services are Kitchen & Bathroom Renovation, Siding / Stucco, Roof, Fencing / Landscape, Repair Work & Painting. The owner works 35-40 hours/week estimating jobs, managing job sites, invoicing, and paying bills. The Clients hire their own architects / designers and the owner bids off of their plans. A jobsite manager and a secretary could replace the owner. Margins have some room for upward movement to achieve revenue growth. Hire more people to manage jobsites to reduce backlog and achieve quicker growth.

Seller's Discretionary Earnings: $167,751 Proforma

Property information

Location:

Home-based

Business Operation

Expansion Potential:

Garages w/Apartments are regularly requested. Hire more jobsite managers. Expand to other neighborhoods in the area, build online presence, advertise, margins have some room for upward movement to achieve growth.

Reasons for selling:

Pursuing a career in education

Trading hours:

5 days, 7:45am - 3:30 or 4:30pm (sometimes Sat.)

Employees:
14 Contractors
Years established:
1980

Other Information

Support & training:

Seller will train

Financing available:

SBA financing 10% down

Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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