Seller's Contact Information
- RE: High Demand Niche Custom Home Builder-N. Idaho
- Contact: Ken Bohenek
Quick Facts
Asking Price: | $1,500,000 | |
Annual Revenue: | $4,595,684 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $593,660 | |
Total Debt: | Not Disclosed | |
FF&E: | 202,974 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 7 | |
BBN Listing #: | 65664955 | |
Broker Reference #: | 8306-16939 |
Business Overview:
Stable consistent growth in the North Idaho area continues to drive demand from this niche builder.
Well established custom home and remodel contractor. High net worth clientele in desirable area which continues to see growth. True carpentry craftsmanship, start to finish by their own dedicated and skilled crew. Not a spec/track home builder. Exceptional reputation, most of their business is by way of referrals.
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Property Features and Assets:
Professional modern offices in their new building for meeting with clients and to help showcase their expertise and previous projects. Assets = $202,974
Market Competition and Expansion:
Though known to be a competitive landscape, this company caters to a unique home owner and is not impacted in the same manner as volume builders. The company sets itself apart by being above the competition. 20-30% growth year over year and trending to continue. Continuing to turn work away. Contracts with deposits for work is in excess of $20M and will carry them through 2024. Second crew could be added for even higher growth, the demand is there.
Reason for Selling:
Other interests/retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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