HOMEBUILDER AND REMODELER

Inventory

Not Included in asking price

Employees

8

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Competition

New single-family home construction surged 18.5% in May as overall housing starts, which include multifamily dwellings, jumped 21.7%, the U.S. Census Bureau reported • Specifically, single-family homes were built at a seasonally adjusted annual rate of 997,000, compared to an upwardly revised 841,000 rate in April. The May rate was down 6.6% from the 1,067,000 pace of May 2022. Multifamily residences, meanwhile, went up at an annual rate of 624,000, compared to 487,000 in April, representing a 28.1% gain. Year over year, the May rate was up 39.6% from 44

Growth & Expansion

o Increase mix of New Build vs Remodel: Remodeling represents only 10% of current revenue mix. Profitability profile of remodel is higher than new build. Remodeling activity expected to grow 4.5% CAGR (per Global Market Insights) o Geographic Expansion: Currently operating in a 5 county region of south metro Atlanta. Metro Atlanta is comprised of 29 counties with year over year growth of 11% vs 2023 o Access to Additional Capital: Opportunity to create explosive growth with additional capital for land purchases and development. Current balance sh

Financing

TBD

Support & Training

Owner willing to spend 3-6 months to transition the business

Reason for Selling

Pursue new opportunities