Residential Remodeling Contractor
San Antonio, Texas
Asking Price: |
Gross: |
Cash Flow: |
$350,000 |
$517,000 |
$163,000 |
Furniture and Fixtures Value:
$75,000 (included in the asking price)
Inventory Value:
$1,000 ( not included in the asking price)
Business Summary:
This well established business is based in an affluent suburb of San Antonio and has been providing remodeling services for 20+ years. Originally, the business started with a focus on kitchen and bathroom remodels but now can also provide complete total home renovation. Almost all of the business (90%) is from past client referrals including the very positive reviews posted on Angie’s List. This year is back to preCOVID levels and on track for approximately $700k in revenue with $200k in cash flow.Average projects range from $50-500k. The business is known for dependable and quality service/work and has great credit ratings with vendors. The purchase of the business includes equipment estimated at $75k in value and a database of past customers who typically have multiple homes. While there is a lease in place for a smalloffice, the business can be relocated or could even be home based. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at [email protected] for more information.
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Year
Business was Established: 2002 |
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Number of Employees:
4 FTE, 1 PTE |
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Facilities / Terms of Lease:
Currently Home Based |
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Owner
willing to train:
Willing to assist the buyer with an extended transition to be negotiated and is flexible on how the transition is structured |
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Reason for selling:
The reason for sale is to move closer to family |
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This business is Home Based.
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REQUEST MORE INFO |
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