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Renovations and Maintenance for Private Investors

Houston, TX (Harris County)

Seller Financing Available
Renovations and Maintenance for Private Investors
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Asking Price: $1,950,000

Cash Flow: $910,821

Gross Revenue: $2,115,793

EBITDA: N/A

FF&E: $765,628

Inventory: N/A

Established: 2004

Renovations and Maintenance for Private Investors

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Business Description

This Texas based general contractor focuses on complete home remodels (70%), home additions, roofing, and concrete work while also providing maintenance and repairs, making them a versatile one stop shop in the industry. Providing services to half of Texas including Houston over to San Antonio and up to Dallas, clients include large real estate investors, private entities, and some residential. A small amount of commercial work includes strip mall centers, government contracts and housing authority projects. 2018 showed a 43% profit margin! The current owner does not do field work and oversees operations only.

The 4,200 sq. ft. warehouse, ½ acre equipment yard, and 2,500 sq. ft. office building currently used is available for sale or lease, separate from the sale of the business. Assets include 8 vehicles, 9 trailers, 2 portable pressure washing rigs, manlift, fans, dehumidifiers, water extractors, excavator, 5 commercial mowers, landscaping equipment, computers, office equipment and scanning camera.

With an infrastructure set up to support larger clients and maintain relationships, this experienced staff of 12 continues to build solid relationships with their clients. Employees include PT Admin Assistant, PT Office Manager, PT Network IT, Operations Manager, Residential Estimator, (2) Superintendents, Commercial Specialist, (2) Client Support, Document Control, Inside Sales and field crew. Work flow controlled with integrated order management system, maintains A/R and contractor A/P.

The current owner does no field work and is willing to stay on up to 6 months, if needed. Responsibilities include operations, financials, sales and client relations. Growth opportunities include expanding into business to consumer residential projects as well as taking on more governmental commercial contracts.

*The Firm Business Brokerage is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.

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Detailed Information

Location:
Houston, TX
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,200 sq. ft. warehouse; 1/2-acre equipment yard; 2,500 sq. ft office building (3 offices, 15 workstations, conference rooms, etc.) Reason for Selling: New non
Growth & Expansion:
Take on more residential and governmental commercial projects
Financing:
12.5% Seller Financing: $243,750
Support & Training:
Up to 6 months if needed
Reason for Selling:
New non-competing endeavors
Business Website:
http://thefirmbusinessbrokerage.com/Listing/Renovations-and-Maintenance-GC-For-
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Cortney Sells

Business Listed By:
Cortney Sells

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