Home-Based Award Winning Residential Remodeling Company in Houston

Houston, TX (Harris County) (Relocatable)

Home-Based Award Winning Residential Remodeling Company in Houston
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Asking Price: $119,000

Cash Flow: $105,648

Gross Revenue: $315,900

EBITDA: N/A

FF&E: N/A

Inventory: $3,000

Established: 2007

Home-Based Award Winning Residential Remodeling Company in Houston

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Business Description

This full-service residential remodeling company serving Northwest Harris County is on the market due to owner’s health deteriorating. The company holds a Better Business Bureau A+ accreditation as well as 2014/2015/2016 Angie's List Super Service and 2015/2016/2017/2018 Best of Houzz Service awards winner. Their strength comes from personalized service, loyal client base, and 40-50 subcontractors that will stay with company. Top remodeling services are Kitchen & Bathroom, Room Additions, Roof, Cabinetry & Wood Work, Flooring and Painting. Over 70% of new business is word of mouth and referrals, 20% social media. High potential to grow revenue by using lead generation companies like Home Advisor. Easily expand service area as owner chooses to only work a 10-15 mile radius. Revenue declined in 2018 due to owner unable to do as many estimates. Adding a commissioned estimator can quickly take revenue back to 2017 level ($507K). Owner willing to stay on up to 3 months to ensure a smooth transition. Buyer has the option to acquire dump trailer, work trailer and seller's tools (for an additional purchase amount).
Please refer to CBB Listing #8188

Attached Documents


Detailed Information

Location:
Houston, TX
Inventory:
Included in asking price
Employees:
1ft; 50 contract
Facilities:
Home-based (Home Based)
Growth & Expansion:
Hire commissioned estimators. Hire more jobsite managers. Expand to other neighborhoods in the area, use lead generation companies and direct mail advertise.
Support & Training:
Seller will train
Reason for Selling:
Owner's health
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Frank & Rose Stabler

Business Listed By:
Rose Stabler

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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