Hot Listing

High End Residential Construction Company Serving NH and Maine

Asking Price$995,000

Cash Flow

EBITDA$180,858

Gross Revenue$7,483,209

InventoryNot Disclosed

FF&E$640,000
Included in asking price
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Hot Listing

High End Residential Construction Company Serving NH and Maine


Asking Price$995,000

Cash Flow

EBITDA$180,858

Gross Revenue$7,483,209

InventoryNot Disclosed

FF&E$640,000
Included in asking price

Seller Financing Available
Business Description
Turn-key residential construction business.
For over 20 years, this business has been an award-winning design-build firm, specializing in custom home construction and remodeling services in Northern New Hampshire and Western Maine. The services they offer include in-house design services with certified architects, sustainable “Green” building, aging-in-place solutions, and custom woodworking, furniture, and cabinetry.
The business’ reputation and success endure through the company’s ongoing commitment to exceptional craftsmanship, meticulous attention to detail, and efficient and professional service. In-house architects, designers, and carpenters build luxury custom homes of all types and sizes, from spacious estates to small, energy-efficient living spaces. Their remodeling designs help maximize interior spaces and their custom furniture designs complement any style of home, from primitive or rustic to modern and sleek, and everything in between.
The business’ professional staff, including project managers, estimators, and designers, have years of field experience where they’ve developed in-depth understanding of the building process from the ground up. The business is also committed to continuing education as all of their employees are encouraged to improve their skills through seminars and classes.
Offered for sale is the business entity, including all tangible and intangible assets. The furniture, fixtures, and equipment included in the sale are in good to excellent condition. The equipment is well taken care of and serviced regularly. Capital expenditures average around $25,000 per year for purchases of new equipment and vehicles.
About the Business
Years in Operation
21
Employees
23 Full-time
Included in the employee roster are four VP's who manage the day to day operatio
Facilities & Assets
Some of the buildings in which the business operates are historic but have been renovated over the years and are fully functional and in good condition. The modern office space was built in 1998 with the potential for future additions to be added to the structural design.
All furniture, fixtures, and equipment are in good to excellent condition.
The total area of the office and workspace is 14,000 square feet. Rent is $5000/month, NNN.
Market Outlook / Competition
There are a few local competitors who provide a similar scope of services in the geographical area in which this business operates. Management feels that their commitment to high end, top quality, custom work; green building; and aging in place set them above their competition. This company’s longevity in the market, solid reputation, long-term relationships with clients, long-term employee retention, and strong referral network have allowed them to create and maintain what they feel is a larger market share over their competitors.
Opportunities for Growth
The sellers believe that the following innovations and additions to the existing business model will bring an already successful business to an even greater level for a new owner:
-Open design services for other contractors
-Consider expansion of Insulated Concrete Forms (ICF)
-Increase the size of the sales staff to scale the business
-Supplement existing training towards increasing revenue and profitability
-Fine tune the change order process to increase efficiency
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
14,000
Rent
$5,000.00 per month
About the Sale
Seller Motivation
The owner of the company has passed away and his estate is looking to sell.
Transition Support
Negotiable, depending upon the needs of the buyer.
Financing Options
Sellers are willing to provide limited financing terms for a qualified buyer.
Listing Info
ID
2456031
Listing Views
38

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Business Listed by: Jay Polimeno Sunbelt Business Brokers of NH

Listing ID: 2456031 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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