Highly Profitable Custom Home Builder for SALE in Virginia!

Virginia

Seller Financing Available

listing image
Cash Flow:$4,128,332
EBITDA:$3,834,887
Real Estate:$6,000,000
Gross Revenue:$25,753,944
FF&E:$70,000
Established Year:2000
BUSINESS DESCRIPTION

Profitable main street business with growth potential!!!

There has never been a bigger need for new construction homes in the USA then there is now. This is a great time to enter this market or add on to your current portfolio. This established custom homebuilder specializes in creating unique and quality homes for clients. With over 15 years in the industry, a great history, loyal employees, and strong profit margins, this business is a prime investment opportunity in the home building sector.

They have consistently and steadily grown their revenue and kept their net profits in 13% range. The Owner's role can be handed off to key employees and the business could be run semi-absentee.

They have very minimal competition due to their well embedded presence and long history in the area they service.

The amount of real estate available with the deal is $6 million.

Work in Progress generally runs anywhere from $3-$4 million at a time. Work in Progress is included in the sale of the business.

Projected to finish similar to 2023 so far in 2024.

With ample room to grown and expand, don't miss out on the chance to take over this successful business!

SERIOUS INQUIRIES ONLY!

LOI's DUE by 01/15/2024!


DETAILED INFORMATION
Location
Virginia
Inventory
Not Included in asking price
Real Estate
Owned
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The standard equipment necessary to operate a home builder business, such as trucks, tools, supplies.
Competition
The homebuilding sector is ever revolving and with the shortage of resale homes in the USA, new homes are needed more than ever. This company does not have any competition in the area they are building in because they have established themselves and their presence in the area.
Growth & Expansion
There is plenty of room to grow and expand into the local cities. Further land acquisition and development could double the revenue and net profits of this business.
Financing
Owner willing to finance up to 20% of the transaction, terms to be discussed.
Support & Training
Owner is willing to stay on board for up to 1 year to help with training and transition
Reason for Selling
Owner is seeking retirement.
Report an Issue with this listing
profile-img
Semir
Osmanovic
logo-img
Semir Osmanovic