Seller's Contact Information
- RE: Home Improvement & Remodeling Business
- Contact: Doug Scheiding
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $775,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $54,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 2 | |
BBN Listing #: | 355312290 | |
Broker Reference #: | S480 |
Business Overview:
This business is based in an affluent suburb of San Antonio and has been providing remodeling services for 20 years. Originally, the business started with a focus on kitchen and bathroom remodel but now provides complete total home renovation. Almost all of the business is from past client referrals including the very positive reviews posted on Angie’s List.
The business has a considerable backlog (over $600k) going into the 2019 year with a mixture of large and small projects. Some of these projects are client homes that were affected by the hurricane that hit the Rockport area in the Fall of 2017. The purchase of the business includes equipment estimated at $75,000 in value. While there is a lease in place for a small office, the business can be relocated or could even be home based.
The owner is willing to assist the buyer with an extended transition to be negotiated and is flexible on how the transition is structured. The owner is planning on moving out of state later in the year to be closer to family.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Contact Doug Scheiding or email us for more information.
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Property Features and Assets:
260 square feet leased office space
Reason for Selling:
Relocation out of state
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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