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Construction & Property Maintenance
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $5639601
Net Profit / Cash Flow $945402
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 20 - 34
Inventory 373710
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Seller will train.
Reason for Sale More time needed to manage other investments.
Description This very profitable property preservation, maintenance and construction business has successfully serviced large financial institutions, banks, investors, real estate agencies and other real estate owners for over 20 years. Headquartered in Southern Texas and operating throughout the five-state gulf region with three regional offices, it provides a broad range of services including restoration, rehabilitation and remodeling of REO and other non-performing properties for quick sale or conveyance. Their realtor services include trash outs, pool maintenance, relocations, evictions and initial securing. Their mortgage service brings properties into marketable condition with tear out and re-habilitation services such as sheet rock, electrical, and plumbing repair and installation; appliance procurement and installation; painting; flooring installation; roofing and pool overhaul; emergency securing and landscaping services. Has expertise in full home construction/framing as well as general maintenance. Equipment and materials on hand to handle emergency and storm related recovery projects. Dedicated staff with documented policies and procedures is in place. From evictions to sales cleans they take care of their customers most difficult properties. Processes and procedures are in place to accommodate requirements of financial institutions. Business continuity plan is documented and executable for continuation of operations. Security systems (access) in place for monitoring (CCTV) and controlling information to meet client requirements. Company has been through client audits with no negative feedback. Key personnel knowledgeable in all procedures and client requirements are in place and will remain. Opportunities for additional revenue streams if sales / marketing implemented. Sales have grown by over 50% per year for the past 3 years with virtually no advertising or marketing. Please refer to CBB Listing #7584RC
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