Tremendous projections for 2022 sales of $16 Million, with earnings approaching $1.8M! Situated in the DFW region of Texas, the diverse and many-warrantied portfolio specializes in single to multi-family residential homes, including roofing, masonry and post-catastrophe restorations. House/condo/townhome construction, coverage work and commercial finish-outs, largely HOA associated account for 79% of sales, meanwhile TPA claims represent 21%. Boasting a perfect reputation of reliability with developers, attorneys and insurance agencies, high ratings and numerous referrals come from a recurring client base. The three buildings total 5,500 square feet and include administration areas, storage containers and a vast parking lot. Open for renewable tenancy or separate purchase, it is located within a city center. Although the majority of work is performed in the Greater Dallas/Fort Worth Metropolitan, business also maintains presence in Austin, Houston and San Antonio Metros, a huge potential for future branching. Backed by strong teams in place for each division, a reliable personnel of 34 nonunion employees agree to remain post-sale and continue streamlined operations. Whilst acclimating new ownership for involvement a standard transition of one year is available. Significant projects have boosted customer concentration on occasion, diverse clientele representing less than 10% in annual income is standard. Flexibility for further growth in their industry exist as they are currently increasing certifications and optimizing profit margins thanks to fresh bearing in the commercial markets. Besides an upkeep of their website and targeted online promotions, effective efforts focus on printed adverts and signage through CAI vendor guides or engagements with many other local chapters too. After 2020 saw gross incomes of $14 Million, while Revenues for 2021 reached $9,616,322 alongside SDE’s of $816,480. It is important to note the fiscal year concludes in June.
- Asking Price:
- $8,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $9,616,322
- Cash Flow:
- $816,000
Property Information
- Real Estate:
-
Lease
- Size in square feet:
- 5,500+/-
Business Operation
- Reasons for selling:
-
Approaching retirement and/or pursuing other interests.
- Trading hours:
-
Monday to Friday from 8AM - 5PM.
- Employees:
- 34 nonunion.
- Years established:
- 1993
Other Information
- Support & training:
-
Standard period of one year for acclimation.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Negotiable up to 20% for the right buyer.
- Furniture / Fixtures value:
- $330,000 - included in the asking price
