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HIGH END NATIONWIDE RESIDENTIAL HOME ADDITION BUILDER

Price: $990,000

Annual Revenue: $1,571,000

Net Cash Flow: $326,000

Industry: Construction

Location: Cook County, Illinois

In business for over 25 years, this company is a very profitable one with an established track record in the design, sale, and construction of specialty glass additions and free-standing structures for homes and businesses.

This is a very niche market with limited competition because of the style and source of their prefabricated structures which are individually designed in-house or by client architects. Revenue and cash flow growth has been consistent over the last 4 years.

Typical clients own homes that are worth over $1mil. Commercial clients own well-established high-end restaurants and hotels. There are currently 31,000 homeowners in the database in addition to 53,000 professionals, including designers, architects, contractors, and homebuilders.
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This company solicits project opportunities, charges for designs analyzes the site, and makes an assessment of the client’s budget. Once a design has been agreed on, it is sent to the appropriate manufacturer for pricing so that an estimate can be prepared. Upon approval of the estimate and contract, a timeline is established for the installation.

An ideal buyer will have an architectural, design, high-end residential contracting or design-build background, familiarity with primarily residential construction, or a genuine appreciation for the quality construction of beautiful structures. There are established relationships with senior installers who build entire structures or supervise installations for clients with their own contractors. The company does not do general contracting beyond the structure itself.

This sale includes all equipment, computers, software, customer lists, architectural drawings, copyright and trademarks, and an immense photo library. Additional growth opportunities/product lines are also in development for implementation by a new owner.

The seller is retiring and will stay on for an agreed amount of time to ensure a smooth transition and is also willing to act as a sales/design rep for large and/or complicated projects.

Listing Details

Reason For Sale:

Retirement

Training & Support:

The seller is retiring and will stay on for an agreed amount of time to ensure a smooth transition.

Operation

Employees: 5

Location

Facilities Information:

The current business operates in about 1,800 square feet of office space. -- This sale includes all equipment, computers, software, customer lists, architectural drawings, copyright and trademarks, and an immense photo library.

Summary

Competition:

This is a very high-end niche market that operates nationwide.

Potential Growth:

Additional growth opportunities/product lines are also in development for implementation by a new owner and will be explained after a non-disclosure is signed.

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