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- RE: Cash Flowing Residential Remodeling Business
- Contact: Doug Batts
Quick Facts
Asking Price: | $449,000 | |
Annual Revenue: | $436,712 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $165,351 | |
Total Debt: | Not Disclosed | |
FF&E: | $3,833 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | Not Disclosed | |
BBN Listing #: | 954880 | |
Broker Reference #: | 6008-18573 |
Business Overview:
We are pleased to offer for sale, this well-established, award-winning, 17-year-old family owned and operated residential design & renovation company. It was incorporated in 2007, by its current owners and is has been owned and operated by them since its inception. They are focused on working hard to meet their customer demand and exceed their customer satisfaction goals while establishing a strong relationship with their customers, contractors, manufacturers, and suppliers.
Over the past three years, this company has generated relatively solid revenues of $420,000 in 2021, $473,000, 2022, $437,000 in 2023, and it has generated cashflows of between of $119,000, $163,000, and $165,000, respectively. Year 2024, through May, is off to a strong start and they are on track to fetch revenues of approximately $480,000 and generate cashflow of approximately $185,000.
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Property Features and Assets:
Company is home-based.
Assets = $7,180
Market Competition and Expansion:
This business is well positioned and is highly competitive against its competitors and offer several compelling features that set it apart from its competitors such having outstanding reviews with the Better Business Bureau, Google, Angi, Houzz, and next Door. It contractors and licensed and insured.
This company could be ramped by increasing its staff and hiring a sales function and an updated website that is optimized with search engine optimization (SEO). 1. Population Growth and Urbanization: Texas continues to experience significant population growth, particularly in urban areas like Austin, Dallas, and Houston. Energy Efficiency and Sustainability Upgrades: With increasing awareness and incentives for energy efficiency, there is a growing market for remodeling projects focused on sustainability. 3. Aging Housing Stock: Many homes in Texas are aging and reaching the point where significant renovations are needed. This presents an opportunity for remodeling companies to focus on major renovations, such as kitchen and bathroom overhauls, roofing, and structural repairs.
Reason for Selling:
Retirement.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
Relevant Links:
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