Listing Details:

  • Business Category:             Construction / Contractor General
  • Price:                                                 $956,000                     
  • SDE:                                                  $329,372
  • Seller Financing:                         $95,600
  • Location:                                           Greater Twin Cities Metro Area
  • Employees:                                      4                                                                     
  • Support & Training:                  12  weeks 
  • Reason for Selling:                    Health Scare, Relocating
                                                                  
                                                        

Business Description:

This 18 year-old custom home building business has developed a reputation for superior quality, outstanding customer service and highly innovative residential floor plans. Located in the northwest quadrant of a major Midwestern metropolitan area, this business is available for sale with the option to include a 5,200 square foot workshop as an extra ad-on for the new owner. This business features in-house drafting and CAD work which enhances profitability and customization.

  • Features an optional very professional workshop/showroom space that creates a positive impression of professionalism for incoming clients when making selections
  • Offers the option to purchase a 5,200 square foot building on the property as an extra ad-on for the new owner
  • Includes a complete asset list with all of the necessary equipment to confidently run the business in an effective and efficient manner
  • Because this business is building-optional, the company can be fully relocated

History:

The owner started his business with the permission of his seven month pregnant wife who gave him her blessing to take the risk and become an entrepreneur. Initially starting with remodels, basements and additions, the owner graduated into custom homes and was encouraged by his new custom home clients to continue building homes based on their complete satisfaction. Today, this builder enjoys significant repeat business, offers a number of highly sought after home plans and confidently builds homes within a 50 mile radius of his office. His work is so revered, that he finds himself with more business than the company can currently service.

Competitive Analysis:

Residential real estate sales throughout the country in 2021 has been brisk as there is a shortage of available properties fueling multiple offers on homes and sale prices as much as $50,000 past the original asking price in some cases. A 200% increase in the cost of lumber is creating added expenses for building homes for the buyer when compared to last year. Custom builders with bullet-proof reputations stand to make a lot of money based almost exclusively on the insatiable demand of desperate buyers looking to move out of urban areas in response to the new economy produced by the global COVID-19 pandemic. There is no shortage of business opportunity in sight.

 

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