MergerPlace

Dominate the DFW Home Reconstruction Mar

Texas (Tarrant)


  • Asking Price: $15,400,000
  • Gross Income: $35,386,089
  • Cash Flow: $3,311,124
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $4,549,231
  • Listing ID: #209878
  • Established: 2000
  • Employees: 200 FT

Business Description

Here is a marketing organization as well as an upper tier home improvement contractor. What started as a specialized home reconstruction group has grown into a Residential and Commercial General Contractor needing 8 dedicated inbound phone lines which feed dozens of outside sales reps leads from realtors, property managers and investors. Add to that a "Quality First" execution culture, and it's easy to understand how they have become the Preferred Supplier to many DFW real estate professionals and organizations.

The listed price is at the Appraised value and includes $1 million in working capital. Marketing channels, Quality Execution and Working Capital all in a single package.

Partial financing available for strong buyers.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Texas
County: Tarrant

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 200 FT

Financial Information

Asking Price: $15,400,000
Gross Revenue: $35,386,089
Cash Flow: $3,311,124
FF&E: $4,549,231
Seller Financing Available: Yes

Property Information

Facilities:

The outside reps and crews are the heart of the business; however, there are corporate offices to handle the sales and administrative activities.

Growth & expansion opportunities:

Historically the company has focused on the residential markets. Recently they have also started to receive commercial contracts which, due to their size, can be taken profitably in larger geographic areas.

Competition:

The real estate market is currently doing well with many opportunities that create many competitors. The competitive advantage here is years of relationship development with the realtors, property managers and investors that control the maintenance/resale markets. These relationships will bring future business even in times when markets may weaken.

Reason for selling:

Other business interests.

Support & Training:

Will train for 52 weeks @ $240,000. cost. The business has grown from residential contracting into commercial work. Most of the work is in the DFW area; however, they have contracts throughout Texas and out of state. A new owner will need the ability to inspire and lead a highly successful staff. The founder will consider a long term transition plan.

Contact Business Seller

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Business Listed By:

Bob Fariss

Murphy Business Brokers