Home-based Award-winning Residenital Remodeling Co

Houston, TX
Harris County

8188


Asking Price: Annual Revenue:
$159,500 $315,900

Services: Construction, Contractors


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RE: Home-based Award-winning Residenital Remodeling Co Broker: Fernando Saldivia

Quick Facts

Asking Price: $159,500
Annual Revenue: $315,900
Net Profit: Not Disclosed
Cash Flow: $105,648
Total Debt: Not Disclosed
FF&E: $18,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 51
BBN Listing #: 119713260
Broker Reference #: 8188

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Business Overview:

This full-service residential remodeling company serving Northwest Harris County is on the market due to owner’s health deteriorating. The company holds a Better Business Bureau A+ accreditation as well as 2014/2015/2016 Angie's List Super Service and 2015/2016/2017/2018 Best of Houzz Service awards winner. Their strength comes from personalized service, loyal client base, and 40-50 subcontractors that will stay with company. Top remodeling services are Kitchen & Bathroom, Room Additions, Roof, Cabinetry & Wood Work, Flooring and Painting. Over 70% of new business is word of mouth and referrals, 20% social media. High potential to grow revenue by using lead generation companies like Home Advisor. Easily expand service area as owner chooses to only work a 10-15 mile radius. Revenue declined in 2018 due to owner unable to do as many estimates. Adding a commissioned estimator can quickly take revenue back to 2017 level ($507,000). Owner willing to stay on up to 3 months to ensure a smooth transition. Please refer to CBB Listing #8188

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Property Features and Assets:

Home-based

Market Competition and Expansion:

Hire commissioned estimators. Hire more jobsite managers. Expand to other neighborhoods in the area. Use lead generation companies and direct mail advertise.

Reason for Selling:

Owner's health

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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