Home Builder For Sale
www.GlobalBX.com
Listing ID:
700258090
Listing Title:
Home Builder For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=258090
Industry:
Franchises
Industry Segment:
Other Franchises
Country:
United States
State / Province:
Colorado
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$6,200,000
Cash Flow:
$200,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2009
Number of Employees:
4 - 5
Business Description:
Home building franchise for sale in Colorado's booming housing market.
The sale price is $175k and the business generates $6+ million in revenue.
- Business age: 7 years old
- Owner's reason for selling: health
- Business can excel with just 4 employees (including owner). Currently there are 6 employees.
- Focus on custom single-family homes
- Business was consistently generating over $8 million in revenue before owner scaled back for health reasons
- Many homes built have been with FHA and VA loans
- Seller is willing to offer pay-over-time terms to buyer
There are a few key areas of growth:
Undivided Attention
Builder used to complete 25 homes per year, but only built 13 homes last year due to health issues.
Streamlining
Net profit margins have been quite low, allowing for easy financial gains from greater cost controls.
Marketing
Company will benefit from a $500,000 advertising budget provided by a partner company in 2016.
Call 646-504-6380 or message/email for more information.
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