Unique opportunity to acquire a business that specializes in home renovations, home remodels and additions, as well as new home construction. The business has an established referral network and buys distressed homes, whether they are in pre-foreclosure, foreclosure or short sale status, and also buys land for new-build ventures.
They have been in operation since 2015 and have completed many successful projects during this time, including a property that produced a profit in excess of $1.25M. The average owner benefit over the past 4 years is in excess of $240k per year.
The business currently has three projects lined up, the profits of which will convey to the buyer. The owners have built a team of reliable, high-quality contractors and real estate agents to assist them in all areas of their projects, and also have deals in place with suppliers to ensure the most profitable terms.
The owners are willing to work with a new buyer to walk them through each of the projects and to introduce them to their referral network to explain in detail how they source and develop their properties.
There is a Ford F150 truck that can be purchased if required.
Call for more information.
Total Sales: $710'000
Owner Benefit: $152'900
Location: Manatee County
Year Established: 2015
Reason for Selling: Retirement