Established New Home Construction Company: Residential & Remodeling

Established New Home Construction Company: Residential & Remodeling

Price: $349,000.00
Location: Louisville KY
Industry: Building Construction
Listing ID: 6498535

This well-established Construction Company has been doing business for over 30 years. It is NOT a franchise, but IS a reputable, proven business with an impressive record of accomplishments and awards.

The Company specializes in new home construction and residential remodeling projects. It provides everything from initial design consultation to the turn key finished project using a network of established and reliable sub-contractors. This business model provides flexibility, cost efficiency, and leaves room to scale or pivot operations as economic conditions or the discretion of its principals dictate.

It offers a Large database of customers and requires no advertising or cold calls. The Company maintains a full pipe-line of work based upon its reputation alone.

This Construction and Remodeling business has established itself in an affluent area of Louisville, Kentucky where new home construction is booming and remodeling opportunities abound.

Full-training and support through a soft hand-off period are included in the Sale Price. The business is ideal for an individual with General Contracting skills.

Serious buyers please inquire by calling our offices. For fastest turnaround, submit a non-disclosure agreement through our website at www.bbrokers.com.

Total Sales: $1,219,134.00
Cash Flow: $313,635
EBITDA: $163,589.00
Accounts Receivable: 0 (Included in Price)
FFE Included: $5,000.00
FFE: $5,000.00
Reason For Sale:

Retirement

Training & Support:

Full-training and support through a soft hand-off period are included in the Sale Price. The business is ideal for an individual with General Contracting skills.

Days & Hours of Operation: Mon- Fri 8am to 5pm
Owner Hours Per Week: Mon- Fri 8am to 5pm
Managers: 1
Monthly Rent: 1000.00
Type of Location: free standing front office
Facilities Information:

The success of this business is not tied to its front office location. Front office has the potential to be relocated but is currently on favorable lease terms with a related party. Existing lease can be extended to The Company's next owner.

Competition:

New Home construction is booming in The Company's market and an affluent demographic provides ample remodeling work. Company has the advantage of low overhead and superior reputation over its competitors.

Potential Growth:

This existing business model provides flexibility, cost efficiency, and leaves room to scale or pivot operations as economic conditions dictate. The Company currently limits the number of projects it undertakes because the sellers are preparing for retirement. A new owner, could easily springboard off existing demand and scale-up operations with minimal capital injection.

Financing/Terms:

Percentage % of Seller financing plus Third party financing is available

Otis R Florence Florence

Phone:
For more information on this listing, please complete our Non-Disclosure Agreement

Otis R Florence Florence