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Established And Profitable Remodeling Business In Texas For Sale

Texas, US
Asking Price:
$2,500,000
Sales Revenue:
$3,511,000
Cash Flow:
$810,000

LISTING ID: 35314

Established and Profitable Remodeling Business for Sale in Texas. The owner has run this business for 14 years and seeks to retire. This business has recently been SBA-prequalified. Please call the listing Broker for additional information on an SBA loan. This business offers painting, flooring, cabinet installations, bathroom remodeling, home additions, and new construction. Services have evolved to include water and fire restoration services. The business has excellent long-term connections with companies that provide referrals for insured clients, along with traditional remodeling client resources. A list of these referral sources goes to the new owner along with proper introductions after the sale. The business bills through a cloud based accounting system called Xero. It only requires a smartphone to utilize effectively , there is a quality website in place. A CPA and bookkeeping service is contracted to maintain the company financials so their records are accurate. Assets include 10 trucks, 8 trailers, and tools that are included in the sale. The new owner will have the flexibility to relocate the yard to a more convenient location.

Operations include 8 crews on jobsites on a daily basis. Workers are paid by 1099 and are not employees. The long-term business phone number will go with the sale. The current owner is willing to stay on for an agreed-upon amount of time to train and acclimate the new owner. The owner is willing to consider owner financing to a qualified buyer. Terms are to be negotiated.

Business Operation

Reasons for selling:

Retirement

Years established:
14

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$800,000
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.