Listing Number: 76931-940315
This acquisition opportunity provides ownership of a "Best In Class" residential renovation company. The current owners used their extensive industry background to create a fast growing business that has pushed revenues to over $8.7M, along with an SDE over $2M in just four short years.
The firm operates with a well trained sales group that focuses on both interior and exterior residential remodeling projects. The sales staff is supported by an "in-house" call center that provides quality leads in all areas of remodeling. Key projects include Bath and Kitchen Remodeling, Roofing, Window Replacement, Foundation Leveling and much more. Homeowners also have the option to make their purchase via financing and are presented with up to 6 sources to assist with their payment structure. In addition, their robust website makes it easy to request quotes, while providing details around the company's professionalism and business standards. The company is proud to have very high reviews on Google, Houzz, Yelp and Facebook.
Numerous growth opportunities exist for this expanding business. Their existing structure does not include marketing avenues such as magazines, mailers and/or social media. These efforts, along with others, could easily support the internal call center to stimulate additional revenues. From an operational standpoint, the business uses subcontractors to complete all the projects. Bringing some of that group to an "in-house" function would add substantial profits to the bottom line.
Current owners desire to move on to other projects and seek a new owner that can continue their professional efforts and expand upon their success. This acquisition is ideal for someone in an adjacent space that could capitalize on the extensive call center or an individual looking for an ownership/growth opportunity.
- Price: $ 7,000,000
- Down Payment: $7,000,000
- Sellers Discretionary Earnings: $ 2,100,000
- Total Sales: $ 8,700,000
- Location: Harris County, Texas
- Inventory: $ 0
- FF&E: $ 40,000
- Year Established: 2019
- Reason for Selling: Moving on to other projects
- Category: Construction