Remodeling Business For Sale in Texas
| Asking Price: | $2,500,000 |
| Gross Revenue: | $3,511,000 |
| Established Year: | 2010 |
| Cash Flow: | $810,000 |
| FF&E: | $800,000 |
Remodeling Business For Sale in Texas
LISTING ID # 35314
Established and Profitable Remodeling Business for Sale in Texas. Owner has run this business for 14 years and seeks to retire. This business has recently been SBA Prequalified. Please call the listing Broker for additional information on an SBA loan. This business offers painting, flooring, cabinet installations, bathroom remodeling, home additions, and new construction. Services have evolved to include water and fire restoration services. Business has excellent long term connections with companies that provide referrals for insured clients along with traditional remodeling client resources. A list of these referral sources goes to the new owner along with proper introductions after the sale. The business bills through a cloud based accounting system called Xero. It only requires a smartphone to utilize effectively , there is a quality website in place. A CPA and bookkeeping service is contracted to maintain the company financials so their records are accurate. Assets include 10 trucks, 8 trailers, and tools that are included in the sale. The new owner will have the flexibility to relocate the yard to a more convenient location. Operations include 8 crews on jobsites on a daily basis. Workers are paid by 1099 and are not employees. The long term business phone number will go with the sale. The current owner is willing to stay on for an agreed upon amount of time to train and acclimate the new owner. The owner is willing to consider owner financing to a qualified buyer. Terms to be negotiated.
