Highly Profitable Housing Business in West New York! (17630)
ConstructionFor Sale in NY
Financial & Assets Details
About the Business
Since their inception in 1970, this listing specializes in building custom residential single family homes, duplexes, and investment properties to clients within radius of the Greater Rochester area, a prime lifestyle region that feature plenty of outdoor activities. With a strong niche focus in providing custom uni or dual level homes from 2,000-sq.ft to 20,000-sq.ft; the company maintains long-time relationships with subcontractors. Relocatable headquarters from a 600 square foot leased space, it can be operated from nearly anywhere within their four county service area. Thanks to a skilled team of two employees with experience agreeing to stay post purchase, the owner believes potential growth opportunities exist for the ideal industry buyer with an existing team looking to expand the company’s reach and streamlined development by increasing personnel. The owner is looking to retire after a smooth transition of a negotiable six months. Besides local inspectors associating the company as a sign of excellence, marketing efforts rely on maintaining a website and utilizing their referral source system that’s fortified by their large repeat customer base. After Gross Sales more than tripling over four consecutive years (2016-2019), Revenues for 2020 totaled $3,157,000 alongside Seller Discretionary Earnings of $375,000. While things slowed down during the nationwide pandemic, busy reports from their current spring line up project 2021 income to exceed at least $5,000,000! Based on an independent evaluation!
Financing can be negotiable fr the right buyer.
Headquarters is Relocatable to nearly anywhere within their four county service area.
Business can be run Owner-Absentee.
Support & Training
Negotiable six months.
Reason for Selling:
Seller is approaching retirement and/or pursuing other interests.