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
Assets inc. Real Estate: $636,000
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
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