Home Warranty Management and Inspection Services Provider

Mid-Atlantic
Business Services; Construction
Client Code: BN000030504
Revenue (Internal): $3,642,068
EBITDA (Internal): $930,585

The company is a well-established warranty management and inspection services provider for single-family home builders and multifamily project developers.

Key Aspects

• Revenue has grown at a compound annual rate of 19.4% from 2017 to 2020

• From 2017 to 2020, adjusted EBITDA has grown at a compound annual rate of 22.7% and margins have averaged 27.5%

• As of year-end 2020, the company generated its highest revenue since its inception, totaling over $3.6 million

• Strong market position in the Mid-Atlantic region

• The company has a near 100% client retention rate

• Diversified revenue streams including both warranty management and inspection services for single-family and multi-family home builders

• Annual and multi-year contracts in place with all customers

Opportunities

• Implement a strategic marketing plan to accelerate continued growth

• Capitalize on the increase of housing construction due to the consistently strong new-build housing demand

• Expand the number of multi-family housing developers the company offers its services to, and capitalize on the increase in margins this revenue stream provides

• Capitalize on the potentially large market penetration for the company; currently, the company has an estimated 6% market share of certain MidAtlantic metro area markets

Headquartered

• Mid-Atlantic

Current Markets

• The company currently serves single-family home builders and multifamily project developers in the Mid-Atlantic region.

Real Estate

• The company operates from a 7,101 sq. ft. office space, leased from an affiliated entity. The owner is willing to entertain selling the location or entering into a long-term lease.