Builder, sales in millions substantial RE included

Casper, WY
Natrona County

Asking Price: Annual Revenue:
$3,000,000 $4,591,147

Services: Construction, Contractors

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RE: Builder, sales in millions substantial RE included Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
If the price and deal structure is right

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $4,591,147
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 3
BBN Listing #: 15827574
Broker Reference #: 1098 Construction

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Business Overview:

Our client is a single family residential & multifamily builder with over 20 years of experience, gross sales of $4,591,147, and a healthy profit margin. They are located in a Western state, famous for its scenery and lifestyle. Their purchase opportunity includes a fully paid off office building, substantial equipment inventory, a rental property, and 3 “ready to sell” spec homes. Their combination of in-house service and design, with expertise in new construction makes them stand apart from other builders. They take care to keep their costs and overhead low while maintaining as high a volume of builds as feasible and maintaining excellent quality control. Customer service and problems are handled in house and directly by the owners and are handled as swiftly as possible.

They carry very little debt other than the loans they use to fund specific home builds. They have and extensive network of suppliers and subcontractors which makes them very competitive in the region.

Our client has their own design studio that all their buyers visit to develop their projects. They have an extensive library of plans and the ability to customize for all buyers, from entry level accounts to full custom homes. They have a proven track record of sales every year that stays consistent with the market. The company is in is a fairly consistent market and doesn’t experience the volatility of much of the rest of the country.

The sale includes Furniture and equipment valued at $250,000 USD, an office Building valued at $500,000 value (no mortgage), a rental property valued at $265,000 value ($100,000 mortgage) and 3 spec homes valued at $1,326,500 USD (with LTV, approx. 75%--estimated net for all of $331,625 USD).

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Market Competition and Expansion:

In CIM, NDA required

Reason for Selling:

Other Projects

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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