Tupelo Data Room
Heavy Construction, Other Building & Construction
Active

Highly Profitable Custom Home Builder for SALE in Virginia!

Virginia, United States
listing image
Asking Price$8m
Revenue$18.42m
EBITDA$1.94m
Cash Flow$2.23m
Description
There has never been a bigger need for new construction homes in the USA then there is now. This is a great time to enter this market or add on to your current portfolio. This established custom homebuilder specializes in creating unique and quality homes for clients. With over 15 years in the industry, a great history, loyal employees, and strong profit margins, this business is a prime investment opportunity in the home building sector. They are also located in a niche market which doesn't have any competition. They have consistently and steadily grown their revenue and kept their net profits in 13% range. The Owner's role can be handed off to key employees and the business could be run semi-absentee. They have very minimal competition due to their well embedded presence and long history in the area they service. There is other available real estate to be acquired. Some of the real estate is developed and some undeveloped, there are several hundred lots that could be developed through this real estate. Work in Progress generally runs anywhere from $3-$4 million at a time. Work in Progress is included in the sale of the business. The current Work in Progress for the remainder of the year is in excess of $25 million. 2023 Figures-$25.74 Million in Revenue with $3,834,887 in EBITDA. 2024 Figures Preliminary Figures-$18.42 Million in Revenue with $1,939 million in EBITDA. 2025 Projected Figures- $34.61 Million in Revenue with $5,522,277 in EBITDA. With ample room to grown and expand, don't miss out on the chance to take over this successful business! SERIOUS INQUIRIES ONLY
Real Estate
Owned
Furniture Fixtures & Equipment
$70k
Number of EmployeesFull-Time: 10
Reason Selling
Retirement
Facilities & Assets
The standard equipment necessary to operate a home builder business, such as trucks, tools, supplies.
Support & Training
The current owner is willing to provide 1 year of training and support.
Market & Competition
Current competition is very minimal in the areas they service.
Growth Opportunities
Plenty of local areas to expand into; they own the current market in their area and can expand even further.
Financing Options
Seller financing is available.Seller will finance up to 20% of the sales price. Terms to be discussed.
Asking Price$8m