MergerPlace

Custom Home Building and Renovations

Idaho


  • Asking Price: $309,000
  • Gross Income: $2,618,934
  • Cash Flow: $229,633
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $40,000
  • Listing ID: #224792
  • Established: 2004
  • Employees: 6 FT

Business Description

This business is a well known custom home design, construction and renovation business in the Treasure Valley. There are many repeat customers building additional homes. Business has a nice little niche with big farmers in the area and has a reputation for quality and on schedule completions with a major emphasis on honesty and trustworthiness.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Idaho

Company Information

Year Established: 2004
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT

Financial Information

Asking Price: $309,000
Gross Revenue: $2,618,934
Cash Flow: $229,633
FF&E: $40,000
Inventory: $8,000
Seller Financing Available: No

Property Information

Facilities:

Business is currently located on Seller's property. Buyer will have to relocate. Seller has intimate information on area buildings to which business can be relocated, buildings that are not known to be on the market.

Growth & expansion opportunities:

Seller is as busy as he wants to be. A Buyer could expand his marketing area and gain more jobs. Seller's reputation keeps him busy.

Competition:

Building is going very strong in Idaho and doesn't really show signs of stopping any time soon. Net migration in to the state is one of the highest in the country. There are many builders around the state, but Seller has built a reputation and a following in his little corner of the state.

Reason for selling:

Owners are retiring.

Support & Training:

Will train for 4 weeks @ no cost Custom home building is the major focus. Business also has stellar reputation for all kinds of remodel and renovations from small bathrooms to bare wall tear downs. Buyer would need to test for general contractors license. Seller is willing to remain in business for a negotiated period with negotiated employment contract in order to make a smooth transition for Buyer.

Contact Business Seller

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Business Listed By:

David Choate

Murphy Business Brokers