Sellers take care of remodeling homes purchased by Hedge funds, large companies & Real Estate companies that purchase single family homes for rent or to flip them. They do everything required to bring the homes up to scratch & supply all of the trades but do not employ anybody only sub-contractors. Management of the business is by way of a husband & wife team that do not do any of the physical work. Income has not been adjusted to reflect one owner. This is an ideal business for a builder or flipper that also wants to build up his own real estate holdings or a handyman that wants more income. Business was approved for SBA but owner decided to finance the business themselves. Sellers will stay for a reasonable time to train or hand over & make sure a buyer understands the business. Working capital required to run the business is $60k to $100,000. Cost of goods fluctuation is due to sellers working on there own property's. They now do not have the time to handle any of there own houses.
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