Business Overview:
Business focus is 100% on renovation and modernization of multi-family properties. A niche industry funded by Housing and Urban Development (HUD). HUD’s proposed budget for 2022 is 68.7 billion up from 59.7 billion in 2021. SBA backed bonding line of $15 million aggregate with a $6 million single with a personal guarantee.
Current backlog is around $4,000,000 with $5.5 million out for bid and another $21,000,000 coming up for bid in the near future with private clients and public clients.
Market Areas: Primary market Southern United States
Contact George Moncada with Sunbelt Business Brokers at 281-440-5153 for complete details.
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Reason for Selling:
Owner is pursuing other business opportunities
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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