Description:
The Company is a national award-winning full-service custom residential home builder in the Mid-Atlantic market. The Company has decades of experience in its local markets.
Key Aspects:
• Revenue grew at a compound annual growth rate (CAGR) of 12.0% from 2020 through the trailing twelve-month period ending September 30, 2024
• Home Pipeline amounting to $84.9M through 2025
• Offers a large portfolio of custom home options with no limitation to any specific home design
• Repeat business from high-end clientele
• In operation for 40 years, with an excellent reputation for providing full service, custom homes for clients
• Well-established and published as one of the premier builders in the Metro Washington market
Opportunities:
• Expand into subdivision and condominium development
• Implement a strategic marketing campaign to target up-and-coming communities to take on projects for new builds
• Focus on expanding geographically to regions with high demand for new construction
• Further diversify services to incorporate more home renovations
• Pursue more high-end projects from local architects
• Utilize principals’ connections in the community for expanded sales opportunities
Headquartered:
• Mid-Atlantic, US
Current Markets:
• The Company serves high-end residential clientele in the Mid-Atlantic market
Real Estate:
• The Company operates out of a 5,000 sq. ft. facility used for office space
• The location is leased from an unaffiliated third party
• Management notes that the business is easily relocatable
Shareholder Ownership:
• The Company is owned by three shareholders who are wanting to explore other interests outside of work
• The two active shareholders are willing to remain with the company to facilitate a smooth transition to new ownership.
Ad#:2298650