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Residential & Light Commercial Construction

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1160000
Net Profit / Cash Flow  $86526
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1976
Number of Employees  1 - 3
Inventory  17500
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  This company works by hiring sub-contractors to fulfill the project needs. These 35-40 contractors who have worked for the business in the past will most likely continue to work with the company after the sale. More information on equipment and inventory
Reason for Sale  Approaching retirement.

Description  
This listing details a construction contracting company that has been in the industry since 1976. As a successful owner operated business they offer full construction of new residential establishments & remodeling services. Whether it's the kitchen, bathroom, living room or dining room, this contracting business know where to find the people who can give any home a new desired look. They also offer light commercial construction, which accounts for about 15% of business activities. 20% of activities are to do with building brand new homes, while the remaining 65% of business is in-depth home improvement projects. With an experienced team of trained laborers, this company is willing a ready to take on custom projects on any scale. No job is too big for this team, and time and time again they have shown their skill, efficiency & professionalism. This business is owner operated and could be run in an absentee fashion. The owners have built string relationships with several groups of subcontractors over the years, with whom they have built hundreds of homes from the ground up, and performed just as many large remodeling projects. The company has an excellent customer return rate, and does most of its advertising through a word-of-mouth approach. In this way it has continued to be increasingly successful over the years. The 2,230 sqft residence this business is operated from is owned, available for purchase if desired. It is 3 bedroom, 2 bath & the owner has built an office in the back for the business. There are two living areas and a kitchen as well. There are two storage buildings located on the property Approx. 300 SF. There is a fully paved circular drive and room for parking in the back of approximately half acre lot. With 50% Repeat Business, This company has been serving this region of Texas for over thirty years. Customer appreciation is reflected in the increasing customer return rate and 80% referral rate the company experiences. Asking $525,000.


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