Business Overview

Well established custom home builder and remodels. High net worth clientele in desirable area. True carpentry craftsmanship, work is not outsourced to framers, start to finish by their own dedicated and skilled crew. Not a spec/track home builder. Exceptional reputation, most of their business is by way of referrals.


  • Asking Price: $1,300,000
  • Cash Flow: $512,453
  • Gross Revenue: $4,331,107
  • FF&E: $205,346
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Professional modern offices in a new building for meeting with clients and to help showcase their expertise and previous projects.

Is Support & Training Included:

Will train for 4 weeks @ $0 cost. Background in construction management and design. New owner to obtain Contractor's License.

Purpose For Selling:

Other interests/retirement.

Pros and Cons:

Though known to be a competitive landscape, this company caters to a unique home owner and is not impacted in the same manner. The company sets itself apart by being above the competition.

Opportunities and Growth:

20-30% growth year over year and trending to continue. Currently turning away work even after adjusting prices. Contracts with deposits for work is in excess of $20M and will carry them through 2024.

Additional Info

The business was founded in 2005, making the business 17 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell businesses. Nevertheless, the real reason and the one they tell you may be 2 entirely different things. As an example, they might claim "I have way too many other obligations" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be justifications to try to conceal the reality of transforming demographics, increased competitors, recent reduction in earnings, or an array of various other reasons. This is why it is really important that you not depend absolutely on a seller's word, but rather, use the vendor's response together with your general due diligence. This will repaint a more reasonable image of the business's current circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering points like supplies, payroll, accounts payable, etc. Remember that occasionally this can imply that earnings margins are too thin. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that need to be met or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area draw in new clients? Often times, businesses have repeat customers, which create the core of their daily earnings. Specific factors such as new competitors sprouting up around the area, road construction, and staff turnover can influence repeat customers and also negatively affect future incomes. One vital thing to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business regularly, the better the opportunity to build a returning consumer base. A last thought is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the regional average household earnings effect future earnings potential?