Exclusive Insurance Residential Repair Company #2045
Sold -
This well-established, profitable business specializes in performing structural repairs exclusively for insurance for new residential homes less than 10 years old. Customers are home warranty companies, other commercial contractors, engineers, and homeowners’ associations. They perform foundation repair, dry wall repair, painting, flooring, plumbing and other masonry repairs associated with structural damage. They work with long-standing sub-contractors to perform the repairs across the state of Texas. They have been in business for 30 years and have a long list of clients. The owners are ready to retire, but are willing to work to make sure the buyer has a smooth transition. The asking price does not include the real estate. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961.
- Industry:
- Construction
- Asking Price:
- $1,400,000
- Revenue:
- $1,737,100
- SDE: Seller Discretionary Earnings (SDE) or Discretionary Earnings is the earnings of a business enterprise prior to income taxes, non-operating income and expenses, nonrecurring income and expenses, depreciation and amortization, interest expense or income, owner’s total compensation for those services that could be provided by a sole owner/manager.* (*Source: Valuing Small Business & Professional Practices, Shannon P. Pratt, Robert F. Reilly, Robert P. Schweihs, Third Edition McGraw-Hill)
- $516,916
- Inventory:
- Included in Asking Price
- FFE:
- Included in Asking Price
- Year Established:
- 1988
- Employees:
- 3FT
- Location:
- Located in North Texas
- Building SQ FT:
- 1,200
- Real Estate:
- Leased Facility
- Listings ID:
- 2045