MergerPlace

Established Remodeling Company for Sale

Austin, New York


  • Asking Price: $800,000
  • Gross Income: $721,277
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #226669
  • Established: 1998
  • Employees:

Business Description

Serving both the residential and commercial construction markets, the company has built a large network of experienced and accredited contractors trained to deliver high-quality services and to protect all stages of construction. The company has several clients, of which approximately 30% are repeat and a database through which it communicates regularly to strengthen its relationship and generate repeat business. The residential market accounts for approximately 70% of sales while the remaining 30% comes from a range of private commercial remodeling projects.

The company has had a solid financial performance over the past 4 years from 2017 through 2020 – with recorded gross revenue of $727,277 and solid discretionary earnings of $134,121 in the 2019 financial year.

Presently, the company employs three FT employees, including the two FT owner-operators, each on a $56,000 salary, in addition to a full-time Project Manager on a $65,000 salary. There are also approximately 20 independent contractors available on a per-project basis.

The owners have highlighted several growth avenues including introducing add-on exterior services such as painting, pressure washing, roofing, and fencing services. Further, there is ample room to continue exploring new marketing and sales strategies including introducing a door-to-door flyer program for remodeling services.

Overall, this sale provides an excellent opportunity to acquire an established enterprise with exemplary systems and processes, excellent relationships with suppliers and clients, and solid financial performance.

Prospective purchasers are encouraged to carefully consider this opportunity which is already positioned for further great success.


Business Details

Primary Business Category: Services - Other Services
Location: New York
Metropolitan Area: Austin

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $800,000
Gross Revenue: $721,277
EBITDA: $134,121
Seller Financing Available: No

Property Information

Facilities:

Home Based

Reason for selling:

Retirement

Support & Training:

Sale includes 30 days of support and training, owner willing to negotiate extended support and training if necessary

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Rick Brown

MergersCorp M&A International