Builder of Custom Adobe Homes

Financial & Assets Details

About the Business

Business Description

A West Texas-based company that constructs custom adobe homes. In addition to new construction, the company offers a full range of renovation services. All projects are design-built and made to the unique specifications of each customer. The company manufactures the adobe used in its construction projects and also sells adobe bricks to outside customers.

Current markets
· The Big Bend area including Alpine, Fort Davis, and Marfa, Texas.

Growth & Expansion

Opportunities
· Scalable operations with additional experienced workforce
· Increase advertising at a local and statewide level
· Distribute adobe bricks to construction supply yards
· Set up new construction offices across the southwest
· Expand into commercial construction work
· Hire additional foreman/workforce to expand capacity

Market Competition:

Key aspects
· Strong reputation built over 39 years of being in business
· Healthy pipeline with projects scheduled for the next 2-3 years
· Demand for the company's services is greater than its current capacity
· Completed over 311 construction and renovation projects to date
· Many customers are repeat clients
· Cement-stabilized adobe is very durable
· Debt-free balance sheet

Location Details:

Real estate
· The company owns a 25-acre property with a 9,600 sq. ft. facility. The property can be included in the deal or leased at a market rate.

Headquartered
· Alpine, Texas

Reason for Selling:

Shareholder/owner objectives
· The owner is approaching retirement age and seeks to sell the business to enjoy additional leisure time with his family. He is willing to remain with the company for a transition period, as needed.