Listing Number: 76931-359818
This company is one of the areas top stucco repair specialists and provides exceptional service within Houston and the surrounding markets. Since architectural styles in the Houston area are inundated with stucco exteriors, this company continues to exhibit strong growth trends and is only limited by the imigination. Their customer base is composed of top tiered stucco inspection firms and hundreds of high producing real estate agents.
The firm had a 35% increase in revenues in 2021 and expectations for 2022 include another banner year with a 27% increase. The expected growth rate should position the company with an SDE of $900K by the end of the year.
Their knowledge of stucco repairs allows them to assess the situation and provide a timely solution. The owners have developed a sophisticated bidding process that clearly outlines the areas in need of repair and provides details around the expected results. The company maintains the leadership and expertise to address complex repairs or the ongoing maintenance situations.
The organizational structure includes 2 owners and 4 experienced crews Both partners are willing to stay on and assist with the day-to-day workings of the business.
This is a great opportunity for a company already in the construction services industry to grab a very profitable bolt-on or an individual looking for security with a solid SDE.
- Price: $ 3,000,000
- Down Payment: $3,000,000
- Sellers Discretionary Earnings: $ 725,000
- Total Sales: $ 2,356,000
- Location: Harris County, Texas
- Inventory: $ 0
- FF&E: $ 0
- Year Established: 2003
- Reason for Selling: Retirement
- Category: Construction