Custom Home Builder (N. Idaho - Good Demographics)

This acquisition opportunity is a multiple decade old boutique custom home builder that selectively takes on a limited number of projects each year, by design. The business operates primarily in the greater Sandpoint/Ponderay, Idaho area in exclusively the residential sector. The company supports 7 in-house carpenters that work exclusively on their builds, following each project from the framing stage all the way through the finish stage, to ensure consistent quality and accountability throughout the construction process. They also support an in-house design consultant to work with clients in selecting all finishes and materials. The business subs-out contract labor in the areas of plumbing, electrical, drywall & roofing. Everything the company builds is 100% custom, with 80% new construction and 20% remodeling, on a time and materials basis. Target customers are retirees and new residents that are attracted to this affluent area by the combination of the small-town vibe coupled with a high quality of lifestyle.

The home builder has earned its reputation for quality, craftsmanship, and integrity over a long period of time by paying attention to the slightest of details on every project that they engage. They have the distinction of being certified with both the NAHB Green Building Standard and Energy Star designation.

The Seller’s own real estate that was purpose-built in 2019 to exclusively support the operations. This custom built 2,698 SF high-end office space is configured with 1,705 SF on the 1st floor; 414 SF on the 2nd floor; with a 418 SF attached garage. The 38,507 SF lot also supports 13 parking spaces along with 2 detached sheds that are used for storage, truck/equipment parking, and product deliveries. The current base rent on the site is $4,500 p/mo., plus NNN charges. The real estate is being made available for purchase with the business for an additional $975,000.

Ownership oversees most aspects of the operations. The business has 7 carpenters, one of which is a foreman with hourly compensation ranging between 30-40.25 p/hr., a Project Manager at $32.50 p/hr., a part-time Interior Consultant at $30 p/hr., and three support staff who earn between $18-$22 p/hr. All hourly employees are expected to transition with new post-sale ownership.

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