Just 1.8x SDE! Absentee Home Remodeling Service

Not Disclosed, CA

Southern California

Asking Price: Annual Revenue:
$1,450,000 $8,195,802

Services: Construction, Contractors

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RE: Just 1.8x SDE! Absentee Home Remodeling Service Broker: Brian Loring
License #: 01397296
Owner Financing is Available!
Seller financing for highly qualified buyer.

Quick Facts

Asking Price: $1,450,000
Annual Revenue: $8,195,802
Net Profit: $785,696
Cash Flow: $625,976
Total Debt: $150,000
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 23
BBN Listing #: 427163541
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This fast-growing company can be operated on a mostly absentee basis. The current owner is not a contractor and devotes only a few hours a week to the big-picture items while his 23 team members deal with daily operations.

It's a home remodeling platform that is truly "built-to-sell." The owner has designed a sales and marketing platform, with precise SOP's and processes in place, that is scaling at an amazing pace.

The company has experienced revenue growth of more than 160% in less than three years. Sales have rocketed from $4.8 Million in 2020 to $8.2 Million in 2021 to a projected $12 Million in 2022.

The business helps homeowners throughout LA County, the South Bay and Orange County with room additions, kitchen and bath updates, complete-gut rebuilds, landscape/hardscape upgrades, custom home construction and ADU (accessory dwelling unit) buildouts.

Its ability to scale so quickly is tied to a unique business model. The company provides a fully-developed business services platform to its team of highly-skilled Project Managers, working as independent contractors. These Project Managers supervise all aspects of construction from start to finish, serving as the primary contact for homeowners, subcontractors and support staff members..

Two years ago, the owner put the pedal to the medal. His team size has grown from 6 to 23 people in that time. His roster of Property Managers more than doubled. He built out a complete platform of business services for his Property Managers and staff, with SOP’s in place for every step. He dramatically stepped up his paid advertising, SEO and social media presence.

• Truly “built-to-sell” home remodeling company
• Not just a construction company – a platform of business services
• Project Managers lead all projects, start to finish
• Seller is not involved in daily operations
• Work in Progress includes $11 Million in signed contracts
• Typically 100+ projects under management at once
• Plans in place for expansion into new markets

The current Work In Progress (WIP) includes $11 Million in signed contracts under management with $5 Million not yet invoiced. Typically there are more than 100 projects at a time under management.

The business is poised for even more explosive growth. But the seller needs to move on. He is a serial entrepreneur who's been scaling a different business which requires most of his attention.

Please complete our online NDA at https://managevisors.com/business-listing/home-remodeling-construction-company-in-southern-california/ to instantly receive our Confidential Business Summary. Or call Brian Loring in our office at 855-683-8888 for more information.

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Reason for Selling:

Changing jobs

Additional Details:

  • The property is leased.
  • 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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