Details
| Asking Price: |
$8,000,000 |
| Annual Sales: |
$14,000,000 |
| SDE: |
$2,400,000 |
| Inventory Not Included: | $0 |
| FF&E: | $200,000 |
| Real Estate: | Lease |
| Employees: | 7FT |
| Location: | Colorado |
| Reason For Sale: | Pursue other Ventures |
Business Description
This Award-Winning, High-End Custom Homebuilder has staff and documented processes in-place to deliver “forever homes” worth $2-$5MM. Company has secured over $39 Million in future jobs with continued growth eminent. This represents about 2 years of their historical annual sales and will be delivered within the next 12-18 months. The pipeline of potential contracts is full and growing. Clients are typically highly successful retirees. The market for this business is not expected to decline because of current economy concerns. While most competitors are small Builders that deliver just a few projects each year and are dependent on the skills and management of a single owner, this company has created processes and has staffed the team to deliver multiple projects without constant attention of the President. Telling a client, “ Sorry, you’ll just have to wait a few years” just isn’t acceptable to this firm. The company operates out of a very comfortable and modern designer-showroom / office which is available for lease or purchase. The Sellers own many high-end lots that may be purchased at time of sale or after as clients choose them.
This is an ideal opportunity for an individual that wants to be a significant part of a striving community or a similar builder (from another market) wanting to break into this highly desired market. The business model can be used in neighboring communities not currently served. The Owner will provide adequate transition support and will stay on-board for an extended period of time if desired by Purchaser.
Business is offered at $8,000,000 as an Asset-Sale.
Excludes: AR, AP, CASH, Unsold Building Lots.
Includes: Goodwill, Trade-name, Contracts, Non-compete and initial training.
This business provides:
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- Established Success that generates tremendous referrals
- Record-breaking Pipeline of booked orders and potential clients
- Staff that is well trained and capable of continued growth
- 40+% Revenue Growth and 60+% Net Profit Growth YOY
- Processes that ensure profitability and enable scalability
- Loyal and Dependable Sub-contractors, Suppliers and Professional Associates
- Access to building lots
Represented by Bill Scott. Tell me more about this business.