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Family Home Contractor Servicing Washington & Oregon! (37879) For Sale

United States
Construction
Company Data
Price
$39.0M
13%
Revenue
$61.4M
Top 10%
Profit
$8.0M
5X
Business Overview
About the Company
Situated in Washington state, listing specializes in the construction of residential single-family custom homes using ‘face-to-face’ design sessions and site-selection services for clients seeking high-quality custom homes. Strong regional reputations and a high-quality focus with top ratings solidify stable sales of $50 million on average over the past half decade, reaching their best year ever of nearly $62 million in sales in 2022! Going into 2024 with vast demands and lots to build on, company’s double-state certification allow for growth potential through guided expansions & partnerships, as Revenues in 2023 totaled $61,445,000 alongside discretionary earnings of $8,005,000. With no individual client making more than 3.2%, nor their Top Ten consumers summing over 12% of the annual income, company enjoys customer diversity and low risk reviews. Experienced personnel of 28 nonunion employees include management in place and are most likely to remain post-sale and continue daily operations after a smooth transition period of three months. Besides a maintained website and engagement in socials like BuzzbuzzHome, Houzz, Pinterest, YouTube and others, advertising efforts center on backed referral sources from their large and recurring customer base. Workplace measures 3,800 square feet and includes reception areas, a conference room, clerical offices, an employee kitchen, and ample storage; it’s found in excellent condition and zoned to handle additional capacity. Property is available for optional purchasing or long-term tenancy. New or additional premises could be beneficial for expanding into the first-time homebuyer market. With excellent connections, limited owner involvement, and a solid revenue trend, property available to build on, and substantial contracts in place, this is an excellent opportunity!
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