Details - Information last confirmed on June 9, 2021
This 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 remodel but now provides complete total home renovation. Almost all of the business is from past client referrals including the very positive reviews posted on Angie’s List.
The business has a considerable backlog (over $600k) going into the 2019 year with a mixture of large and small projects. Some of these projects are client homes that were affected by the hurricane that hit the Rockport area in the Fall of 2017. The purchase of the business includes equipment estimated at $75k in value. 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 owner is planning on moving out of state later in the year to be closer to family.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.