General Contractors Single-family & Multi-family Houses For Sale

Business description

This profitable turn-key construction company was founded by the current owner and has had it since 1971. This company has built an excellent reputation along the way. The business owner would like to retire and hand the keys over to someone who will appreciate this business just as he has over the last 39 years. With the economy improving; new home sales will bring an abundance of business to the new owner of this powerhouse business.

Business Details
This construction company builds quality custom and spec homes from foundation to final fixtures. They have acquired subcontractors for all phases of the building process. The owner is proud of the work they do in building custom and spec homes. No equipment is required for completion of current jobs and capable staff are already in place, handling the present workload. This business has everything a new owner would require to begin building and several have already been planned with improvements. Their subdivisions remain appealing and well sought after. Seller is willing to work with new owner to get him familiar with Business and Sub-contractor. Call today about this business with rental revenue already in place, a fine reputation that is ready to build and market fine new homes makes this establishment a winner!

Property information

Location:

There is a property that could be rezoned to 55+ community. 2 more areas are ready for building to be started. One has 12 lots (1,600 sq ft minimum), the other has 15 lots. Plus and additional 15.6 acres which are not divided, could be divided in to 4, 4 acre each lots, this is located 1/2 a mile from golf course. Property valued at 1.7m

Premises details:

This offering includes an option for 2 spacious office buildings which are 5,100 sq ft and strategically located and are used for rental purposes. The spaces consist of single offices, some double and large office spaces as well. All are rented at this time except for 700 sq. ft.

Other information

Expansion potential:

Growth and expansion could be obtained by purchasing additional land and proper promotion of the company.

Competition / Market:

The owner has built an incredible reputation for quality work over the last 39 years and word of mouth spreads fast!

Support & training:

Owner is willing to work with new owner to get him familiar with Business and Sub-contractor for a smooth transitioning.

Reasons for selling:

Retire

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Nagotiable up to 20%

Furniture / Fixtures value:

$200,000 (included in the asking price)