Long Beach Island Builder/Remodeler, CF 817k through 10/31/24
| Asking Price: | $1,150,000 |
| Gross Revenue: | $1,309,333 |
| FF&E: | $5,000 |
| Cash Flow: | $421,808 |
| EBITDA: | $251,600 |
| Established Year: | 2019 |
1242% SDE Growth since 2021!
Coastal building is unlike any other home construction. Dealing with winds off the Atlantic, pervasive salt air, and scorching summer sun requires a level of experience, quality, and technology that few homebuilders meet.
This full-service design-build firm has been serving the homeowners of Long Beach Island, NJ, since 2019. The team brings 60 decades of combined architectural and construction experience.
The Company averages 20-30 projects per year and is projected to reach $3,142,339 with 30% cash flow margin. 2024 SDE is projected to be about 950k, up from 421.8k in 2023. You won’t find more cash flow anywhere around this multiple or price.
The Company utilizes a mix of marketing strategies, from online and social media to newspaper advertisements. Customer referrals are their #1 source for new business.
It’s not often you find a high-quality builder with a specialization in waterfront building.
This is a turnkey opportunity for those in the construction space who want to own their own business.
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