Home-Based Houston Real Estate Inspection Company - Seller Financing

Houston, TX (Harris County)

Seller Financing Available
Home-Based Houston Real Estate Inspection Company - Seller Financing
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Asking Price: $395,000

Cash Flow: $161,437

Gross Revenue: $452,427

EBITDA: N/A

FF&E: $8,000

Inventory: N/A

Real Estate: N/A

Established: 1978

Home-Based Houston Real Estate Inspection Company - Seller Financing

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Business Description

This home-based real estate inspection company is the industry pioneer & has been providing residential & commercial inspections in the Greater Houston Metro area for 40 years with a full range of services, such as real estate building inspections, infrared imaging, mechanical, electrical, plumbing, structure, foundation, roof, termites, water intrusion, moisture diagnostics, drone service for high-story properties. There are times when there is a backlog and wait list. Sources of new business come from 74% word-of-mouth & online reviews, 20% real estate agents, Website 2%, social media 2%, Google ads 2%. The typical customer profile is a new property owner. Sales are 20% credit card, 80% cash sales. A business license is required from the State of Texas and all building inspectors must be licensed with the State. The Company employs one full-time salaried building inspector, one part-time commissioned building inspector, both of which have 30-year tenure at the Company and will stay on board with a new owner. The full-time owner’s job is answering phone and scheduling appointments. The Company uses a professional CPA service for all their accounting needs. The Company has a well-respected reputation and has not needed or wanted to advertise because they wouldn’t be able to keep up with demand. Expansion of the company is the great potential for a new youthful owner to introduce advertising channels and hire additional inspectors. It is ready to grow and grow big! The price increased because additional addbacks were discovered – the multiple remained the same. Please refer to CBB Listing #8166

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Detailed Information

Location:
Houston, TX
Real Estate:
Owned
Building SF:
N/A
Employees:
1ft; 1pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home-based (Home Based)
Growth & Expansion:
Sub-contract air conditioning, heat, plumbing and electrical services, pest control. Sub-contract a structural engineer to design blueprints for structural or foundation defects as another service.
Financing:
Seller financing available
Support & Training:
Seller will train
Reason for Selling:
Semi-retirement
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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