REDUCED! High Growth Renovation and Flooring Company

, Texas 16 views 0 favorites

Financial Highlights
Asking Price
$3,000,000
Revenue
$9,200,000
Business Description

Established 25-years ago, this residential & commercial service contractor is one of the largest full-service providers in Central Texas, meeting the renovation and real estate improvement needs of owners, property managers and real estate investors. It stands a part from other service providers deriving over 85% of its revenues from projects initiated by owners and managers of multi-family properties. It benefits from a highly repetitive and diverse customer base. In addition to being a major regional general contractor, it is a go-to sub-contractor for national companies that lack the internal capacity to meet the needs of Central Texas clients It has a veteran management team for construction, floor installation, restoration, and carpet cleaning services. These teams manage and oversee the services provided by vetted sub-contractors with the skill sets required for nearly any real estate related project big or small. Industry Outlook The remodeling and renovation market, including the multi-family segment, is in a growth trend which is forecast to accelerate in the coming years, particularly in high growth communities such as the Austin Metro. Harvard’s U.S. Remodeling Index indicates that the industry is at the early stages of an extended cycle of higher revenues. The Company has multiple avenues for growth including the expansion of its service area. It has recently acquired clients in the Dallas-Ft. Worth Metroplex and San Antonio. Opened office/warehouse in San Antonio in the 4th Quarter 2021. 2021 : Revenues $9,200,000 / Net Income $600,000 Asking Price: $3,000,000 Location: Austin, Texas Year Established: 1996 Real Estate: Leased Building Sq. Ft.: 11,000

Business Details
Industry:
Building & Construction
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 14, 2022

Updated: 5 hours ago

Views: 16

Favorites: 0