Residential Custom Home Building & Remodeling Services (37597)

Financial & Assets Details

About the Business

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. Sales have been increasing steadily over the past five years due to an improving local economy, with Revenues from 2021 growing 15.7% to $3,440,000 from 2020’s $2.9 Million, compared to that is the one year spike from 2019 of 19%. As 2020 saw SDE’s of $678K, Seller’s Discretionary Earnings in 2021 reached $1,005,000; with a large customer base and solid reputations, 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.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Location Details:

Facility is Leased.

Support & Training

Owner Transition period of 3 months.

Reason for Selling:

Approaching retirement.