Cash Flowing Residential Remodeling Business

Houston, TX
Typical Remodel Project
Sale Pending
Asking Price:$449,000
Gross Revenue:$436,712
FF&E:$8,500
Cash Flow:$165,351
EBITDA:$105,351
Established Year:2007
BUSINESS DESCRIPTION

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 $420K in 2021, $473K, 2022, $437K in 2023, and it has generated cashflows of between of $119K, $163K, and $165K, respectively. Year 2024, through May, is off to a strong start and they are on track to fetch revenues of approximately $480K and generate cashflow of approximately $185K.

This company offers remodeling from the floor to the ceiling, and anything in between to assist their clients in achieving their “dream homes”. They renovate and modernize homes, room additions or convert garages, or attics into impeccably designed livable spaces. This full service remodeling firm handles everything from concept to completion, and can tackle any remodeling, in between, with high customer satisfaction.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Furniture, fixtures, and equipment include desks, computers, scanner, trailer, and accounts receivables.
Competition
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.
Growth & Expansion
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).
Financing
Some Seller financing will be condidered on a case by case basi
Support & Training
The sellers are willing to work with the buyers toward the successful training and transition of the company to the successful buyer.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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Douglas
Batts
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Douglas Batts