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- RE: Colorado Custom Homebuilder/Remodeling Company
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $1,742,715 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $153,842 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 1 | |
BBN Listing #: | 954224 | |
Broker Reference #: | 1293 CONSTRUCTION |
Business Overview:
This Company builds high end, beautiful, custom modern mountain and log homes, complete with design and build services. In addition, this company provides expertise in remodeling all areas of the home (kitchens, bathrooms, basements etc), including roofing specialization, allowing for flexibility in project type and scope. This one-stop shop for home builds and remodels serves a mid-tier to affluent clientele in the heart of Colorado, with successful projects completed both in the mountain communities and the urban corridor along the Front Range. A typical home build averages 4,000 square feet, with the most recent being listed for sale at $3.7M. This robust COVID proof business enjoys steady sales, an unparalleled reputation, and weathered 2020 very well with a strong rebound in 2021. Given the compelling population growth in CO currently, and projected for the next several decades, this business is poised for exponential growth in the near term.
In addition to a long-standing project manager willing to stay on, talented and LOYAL subcontractors take responsibility for meeting key project deadlines, along with delivering a superior product. This company has maintained incredibly stable and steadfast relationships with its trades, in the majority of cases, for 20+ years. The Seller has created a business that distinguishes itself with its uniquely high level of service rewarding it with a stellar reputation, turning clients into raving fans. As evidence of this, very little is spent on marketing and overhead, with new business being derived from happy client referrals.
The Seller is retiring and is looking for the right buyer to take what he has built and grow it to the next level.
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Property Features and Assets:
Facilities: Completely mobile, with subcontractors bringing their own equipment to each job site which also serves as the client meeting location.
Market Competition and Expansion:
Competition: There is one much younger, less established company nearby in a mountain microcommunity that offers home makeovers, such as kitchen, bath, floors, etc. There is no one that offers the full 360-degree solution that this Company does, over the expansive footprint that it does, servicing high-end and mid-tier clients. So, while customers have options, the Company stands out with a unique offering.
Growth & Expansion: A compelling growth opportunity lies in expanding a digital marketing presence, as yet largely untapped, leading to a robust project pipeline. A Company that is already in this space has an excellent opportunity to combine capabilities, expand, and streamline operations to grow both top line and bottom-line earnings.
Reason for Selling:
RetirementAdditional Details:
- 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
Documents:
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