Custom Design And Project Management

Business Overview:

This firm specializes in providing high-quality home designwith project management focused on high-net-worth residential buyers. The range of services includes design, plot sourcing, development, subdivision planning and remodels. The dedicated team works out of an 1,800 sq ft office in Upstate New York. There are seven full-time W2 staff members including a General Manager, two Project Managers, a Project Coordinator, a Draftsman, a Controller, and an Administrative Assistant – all labor and construction is subcontracted out. They have clients within a 50-mile radius of Saratoga County. The owner dedicates approximately 20 hours per week focusing on financial reviews, and providing general oversight of the team. Given the existing personnel, no immediate replacement for the owner is necessary, as current staff can absorb these roles. To facilitate a smooth transition, the seller is willing to provide training for a period of 1-2 years, plus carry 15% of the purchase price to show his vested interest in the continued success of the business post-close.

Priced at $5,200,000, a 10% down payment of $520,000 returns $833,001 in the first year after debt payments!Currently, this business does not engage in any marketing activities. Implementing a marketing strategy could significantly enhance visibility and attract more clients. Potential growth avenues include digital marketing campaigns, social media engagement, and community outreach programs aimed at showcasing completed projects.

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Property Features and Assets:

Vehicles: 2 pickups, plus a van

Equipment: Very little – low CapEx

Market Competition and Expansion:

Implement a marketing strategy as no marketing is being performed.

Reason for Selling:

Additional Details:

Documents:

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