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Established Home Repair And Remodeling Business In Texas For Sale

League City, Texas, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500,750
Cash Flow:
$218,141

This acquisition opportunity is for the top-rated home repair and renovation business in the surrounding area. Led by a single business owner, the company has been in business for 40 years and is the “name to know” in the community. It specializes in the residential remodeling market with the capability to complete interior and exterior projects, including room remodels, concrete patios, painting, sheetrock, and everything in between, as well as handyman and repair work. With experience completing remodeling construction projects up to $165,000 in value, Seller takes pride in providing timely, quality work and unparalleled customer service.

Drawing upon his 40 years of experience, Seller runs this “go to” home remodeling business in the League City area. Despite his lack of marketing activities, he receives several calls per day to do remodeling and repair work for home- and condo-owners – typically repeat customers and referrals – across the area. His role is that of a General Contractor, scoping, bidding and overseeing the work, which is primarily completed by two dedicated subcontractors and, when needed, a network of specialist subcontractors. The business consistently does $200,000 in annual revenues, with spikes from freeze and similar weather events resulting in double and nearly triple those revenues (see 2021, $500,750 in revenues).

The current owner is literally turning down work, including commercial handyman and repair work, having built a business that is overrun with calls and inquiries. He is ready to retire and to place the business into a safe pair of hands for his loyal clientele.

Property Information

Location:

Facilities: Works from home

Business Operation

Expansion Potential:

Strong growth potential from advertising, incremental services and staff

Competition / Market:

Strongest name in remodeling in the area, with room for geographical expansion

Reasons for selling:

Retirement

Trading hours:

9am-5pm Mon-Sat; Closed Sun

Employees:
2
Years established:
1985

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 8

Furniture / Fixtures value:
$5,310 - included in the asking price
Home based:
This business can be run from home.