This well established business is based in an affluent suburb of San Antonio and has been providing remodeling services for 20+ years. Originally, the business started with a focus on kitchen and bathroom remodels but now can also provide complete total home renovation. Almost all of the business (90%) is from past client referrals including the very positive reviews posted on Angie’s List. This year is back to pre-COVID levels and on track for ~$700k in revenue with $200k in cash flow.
Average projects range from $50-500k. The business is known for dependable and quality service/work and has great credit ratings with vendors. The purchase of the business includes equipment estimated at $75k in value and a database of past customers who typically have multiple homes. While there is a lease in place for a small office, the business can be relocated or could even be home based.
The owner is willing to assist the buyer with an extended transition to be negotiated and is flexible on how the transition is structured. The reason for sale is to move closer to family.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at info@bbofsa.com for more information.
