Home Warranty Management and Inspection Services Provider
Business Services; Construction
The company is a well-established warranty management and inspection services provider for single-family home builders and multifamily project developers.
• 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
• 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
• The company currently serves single-family home builders and multifamily project developers in the Mid-Atlantic region.
• 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.