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Business for Sale Summary

Remodeling Business For Sale in Texas - 35314

Business Type: home-based business,misc. construction/non-classifiable,other business services,professional services,repair services,construction special trades
Remodeling Business For Sale in Texas
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Financial Information (non-confidential)

General Information
Asking Price $2,500,000 Down Payment $2,500,000
Gross Revenues $4,765,784 Lease Remaining Register Free to View
Owner’s Cash Flow $1,048,323 Number of FT Employees Register Free to View

Financing

$2,500,000 Down and

Business Description

Established and Profitable Remodeling Business for Sale in Texas. Owner has run this business for 14 years and seeks to retire. 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 smart phone 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. Call the broker Gary Meyn for more information and next steps at 877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.