UNDER CONTRACT: Profitable Design/Build Remodeling / Construction
Howard County, MD
Just $180k down and Buyer will receive at least $500k of work-in-progress at closing! Current fiscal year growth projected at 20% over last year!
Own a profitable, established home remodeling company that is poised to continue to grow rapidly with the right leadership!
In order to receive the Confidential Information Packet on this business, a prospective buyer must download and submit the Attached Document, below (Buyer Profile, PFS, and NDA)
This is a very well-positioned and branded company with all systems, financials, employees, and subcontractors in place, and the track record to prove it. Everything is computerized, and the company utilizes state-of-the-art technologies, from sales through production and accounting. The company performs remodeling projects throughout central Maryland, from the northern suburbs of DC and into the north/west/south suburbs of Baltimore. The Seller lives out of state and has been content with the size of the company and the cash flow over the past few years; however, growth is in the forecast, projecting cash-flow of $325,000+ over the next 12 months, with total revenues projected at least $2.3MM! The dedicated and experienced employees run all day-to-day operations, with minimal input from Seller.
The company designs and builds customized in-law suite additions, second-story additions, kitchen additions & remodels, master bedroom/bathroom suites, finished basements, and more! The Company only performs large-scale residential remodeling projects and additions. Projects range from $50,000 to $300,000 in size. Average job size over the past 3 years is approximately $100,000. This home remodeling business has cornered it's own unique sector of the ever-growing residential upscale remodeling market! The company has performed approximately 20 projects per year over the past 3 years, mostly for upper-middle-income and affluent homeowners. All of the on-site work is performed by subcontractors with whom this Seller has been working for many years.
The company is fully transferable, with all trained key personnel: The General Manager has over 20 years’ experience in all aspects of the residential remodeling business, overseeing all day-to- day operations. The GM integrates and works closely with the Sales Team. The company also has two (2) full-time salespersons, three (3) full-time project managers, plus a full-time office manager. This is a team of experienced, dedicated, and loyal professionals, averaging over 5 years continued service with Seller.
Effective, computer- based systems are in place to manage all aspects of the company, from Designing to Estimating, Purchasing, Production, and Job Costing and Accounting. In addition to their excellent marketing strategy, which includes the latest in social media and web advertising, this Company is also well regarded by its customers and receives regular referrals for new business. Advertising and Marketing efforts are 90% outsourced.
Qualified Buyer should have $265,000 in available liquid capital ($200k cash at closing, $65k for working capital after closing).
Included in asking price: Complete turnkey business including at least $500,000 of work-in-progress to transfer to Buyer at closing, business trade name, website, domain name & email addresses, complete database list, plus approximately $10,000 in FFE.
Again, if you wish to receive the Confidential Information Packet on this business, simply download and submit the Attached Document, below (Buyer Profile, PFS, NDA)
Jackson Hewitt Tax Kiosk Locations in Walmart
Walmart Tax Kiosk Locations located in Maryland
Ellicott City, MD
Jackson Hewitt, Where Taxes Are Less Taxing TM
We have more than 600 Franchisees, 80% of them operating multiple units ranking us #13 among all multi-unit franchise brands in 2014 according to FRANdata. Franchiseranking.com has also ranked Jackson Hewitt® as the #1 Financial and Accounting Franchise during 2015.
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