Business Overview

Business focus is 100% on renovation and modernization of multi-family properties. A niche industry funded by Housing and Urban Development (HUD). HUD’s proposed budget for 2022 is 68.7 billion up from 59.7 billion in 2021. SBA backed bonding line of $15 million aggregate with a $6 million single with a personal guarantee.

Current backlog is around $4,000,000 with $5.5 million out for bid and another $21,000,000 coming up for bid in the near future with private clients and public clients.

Market Areas: Primary market Southern United States

Contact George Moncada with Sunbelt Business Brokers at 281-440-5153 for complete details.

REF ID# N1972-GM


  • Asking Price: N/A
  • Cash Flow: $1,560,973
  • Gross Revenue: $9,756,863
  • FF&E: $350,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2002

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:6,000
  • Lot Size:N/A
  • Total Number of Employees:15
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.

Purpose For Selling:

Owner is pursuing other buisness opportunities

Opportunities and Growth:

Proprietary method of managing projects. Tremendous growth potential with increase of bonding capabilities.

Additional Info

The company was started in 2002, making the business 20 years old.

The company has 15 FTE employees and resides in a building with estimated square footage of 6,000 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell businesses. However, the true factor and the one they say to you may be 2 totally different things. For instance, they may state "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these may simply be excuses to try to conceal the reality of altering demographics, increased competitors, current reduction in profits, or a range of other factors. This is why it is very essential that you not depend totally on a seller's word, however instead, use the vendor's solution along with your general due diligence. This will paint a much more realistic image of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many businesses take out loans in order to cover items such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can indicate that earnings margins are too tight. Lots of businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be satisfied or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new customers? Often times, companies have repeat customers, which create the core of their daily earnings. Certain factors such as new competition growing up around the location, road building and construction, and personnel turn over can affect repeat customers and negatively impact future earnings. One important point to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business often, the higher the opportunity to construct a returning consumer base. A last idea is the basic location demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood average house earnings impact future earnings potential?