Low Volume Home Builder in Conroe Huntsville

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$895,000 $3,000,000

Services: Construction, Contractors


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RE: Low Volume Home Builder in Conroe Huntsville Broker: Robert Latham

Quick Facts

Asking Price: $895,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 5
BBN Listing #: 525244107
Broker Reference #: 76931-392809

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Business Overview:

This successful and growing low volume builder has a beneficial mix of custom and spec homes, usually with about 10 completions annually. The custom homes are typically built on lots they own, an important strategy to control availability and build locations. Well run with good written processes and procedures and a sub-contractor base in place.

This is a good opportunity for a builder looking to expand into the Texas and/or north Houston markets or for a project manager with a production builder ready to run his own business.

Inventory shown ($1.5M) is only approximate as it will fluctuate as lots are sold, homes in progress are completed and new lots taken down or added.

Founded over 20 years ago, the business has grown steadily through word of mouth and little to no advertising or marketing. Affected by the pandemic, largely due to materials and labor shortages, not for lack of demand, they appear to have turned the corner and have been trimming expenses the past few years.
Implement a marketing program of any kind to increase sales.

Small retail space has a collection of samples to assist homeowners in the finishes and selections process.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

Relevant Links:

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