Business For Sale

Business Overview:

This business is a full service general contractor with a focus in commercial and residential catastrophic insurance claims and general rehab and repair. Clients include insurance companies and real estate management companies in fact, the business is the preferred contractor for many management companies that the company has had relationships for over 35 years. The resilience of the company s business model is evidenced in over thirty years of successful operation. As of 7/25/11, the company has over $2.8 million in contractual backlog, and in excess of $3 million in pending contracts. In the North Texas market, this company has an unmatched reputation and a top-5 market share in the rehab and renovations market. The owners are willing and able to stay on for a negotiated term to ensure a successful transition. Catastrophic claims and general rehab and repair involve all phases of construction and are very lucrative from a profit stand-point but entry into this market is incredibly difficult without a reputable company. Ownership of this business would immediately put the buyer in the driver s seat of taking advantage of a profitable, proven, growing market.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The current facility the company is located in is a 5,000 Square Feet two-building complex split 70/30 office and warehouse that is owned by the business owners. The business only occupies one of the buildings. The owners would be willing to sell the complex or lease out the space at a negotiated price. The selling price of the business does not include ownership or lease terms.

Market Competition and Expansion:

There are 5 major competitors in the Catastrophic Restoration arena and This company is one of the top few in the Dallas area. In the last few years, the general downturn of the economy has hurt the general Contracting side of the business. The restoration side has been slowed also during this down turn as the insurance companies have been slow to respond when Catastrophic events occur. However, the construction arena in which this company s good name is known, has increased of late, and projects that have been waiting funding on for over a year. The major growth opportunity is that several of the existing clients of the business have expressed a desire to use this business in new markets across the country. In the major market area of the business, North Texas, the growth opportunities are: increasing catastrophic weather occurrences, an increase in construction defection suits, stricter building codes, and changing homeowner association requirements.

Reason for Selling:

Ready to Retire

Additional Details:

Resources: