Primary Category:Other Building & Construction Businesses for Sale
This general contractor offers dream homes tailored to a customer’s budget and style since 1999 in Illinois. They prioritize transparency, providing turnkey solutions with no hidden fees or upgrade assumptions.
*Company has been in business for 25 years, with year over year gross revenues in the range of $5M-$7.5M and SDE $500-$875K
*The business specializes in general contracting of building new homes
*The company has developed customized turn-key new construction homes for customers in the $300,000 - $490,000 price range.
*Seller willing to provide up to $500K in working capital, and willing to provide a level of selling financing for the right qualified buyer.
*The company has a single owner, and owner is willing to support a seamless transition to the new owner.
*Long term tenured staff with the company allowing easy transition to new ownership
Financial Information
$3,017,999
Asking Price
$875,000
Cash Flow
$75,000,000
Gross Revenue
$151,000
Down Payment
Yes
Financing
Business Location
City:
Metro-East Illinois / Southern Illinois
State:Illinois
Financing Comments
Yes, for buyers with industry experience. Also seller is willing to finance working capital.
Reason for Sale
Retirement
Detailed information
Year Established:1999
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 4
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:40
Adjusted EBITDA:
$875,000
Inventory Included: No
Inventory Value:
$2,300,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$150,000
Building Size: 700
FF&E Included?: No
Training/Support
Yes, seller is willing to provide a period of training during the business transition
Market Outlook/Competition
Minimal competition, great market in a top area of Illinois for relocation customers