37597-Residential Custom Home Building & Remodeling Services

AZ

Seller Financing Available
37597-Residential Custom Home Building & Remodeling Services
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Asking Price: $2,499,000

Cash Flow: $319,000

Gross Revenue: $2,228,130

EBITDA: $196,724

FF&E: $320,513

Inventory: N/A

Established: 1979

37597-Residential Custom Home Building & Remodeling Services

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Business Description

Long established, successful business! The company is a general residential contractor providing renovation solutions for residential projects as well as design build, high-end custom homes. The primary products and services include design build custom homes, home remodeling, kitchen and bath remodeling. In addition, they are an authorized dealer for name brand cabinets, fixtures, doors and windows. Leased from the owner, 12,000-square foot of a 13,000 square foot facility (approx. 1,000 sq. ft. leased to another tenant), the facility includes a storefront, showroom, offices, and storage/warehouse area. The company has a proven track record supported by 40 years of ongoing, successful business. With its broad range of products and services, the marketing efforts focus on targeting Southern Arizona. Revenues have been increasing steadily over the past five years due to an improving local economy. Last year, the total revenue was $2,228,130 with Seller’s Discretionary Earnings of $319,000 rounded. 2019 revenue is projected to go to $2.5 million. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. The asking price includes the real estate although owner might consider a lease arrangement. Great business in a popular state with a growing population.

Detailed Information

Inventory:
Included in asking price
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
3 Months
Reason for Selling:
Approaching Retirement
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IAG Buyer Division

Business Listed By:
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IAG

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