Listing: Custom Home Builder & Remodeler

Business Type: Custom Home Builder and Remodeler

Location:  Midwest Region, US

Business Description: The company is a custom home builder and remodeling contractor.  It has operated since 1994 and developed an excellent reputation.  The company builds custom homes ranging from $200,000 to $500,000.  In a typical year it completes 11 to 15 homes.  The company caters to move-up, second-time buyers as well as retirees in the regional area. 

Real Estate:   Office is rented from owner of the company.  The facility is shared with a sister company that they also have for sale.

Facility Description:   Office space is 1,700 sq. ft.

Asking Price:  TBD 

Gross Income:  $3,125,000

EBITDA:   $366,000 

Assets inc. Real Estate:   $636,000

Established:  1994

Employees:   6 full, 2 part time

Competition:  To be given in CIM

Growth & Expansion:   Graphic expansion into nearby counties with large customer base.  Would need to expend mor resources on real estate purchases and marketing activities.  For rapid growth – expand land acquisitions and build more spec. homes.

Owner Involvement:  Two of the people involved in partial ownership are willing to stay involved/working in the company.  They are managing the operation. 

Support & Training:  TBD

Reason for Selling:  Majority owner wants to retire and is not actively engaged in the business.

Seller Financing Available:  TBD

For more information, please contact:

Marcia Conley
marcia@bibgroup.net
(260) 760-3306