Looking for a buyer.
Our client is a single family residential & multifamily builder with over 20 years of experience, gross sales of $4,591,147, and a healthy profit margin. They are located in a Western state, famous for its scenery and lifestyle. Their purchase opportunity includes a fully paid off office building, substantial equipment inventory, a rental property, and 3 “ready to sell” spec homes. Their combination of in-house service and design, with expertise in new construction makes them stand apart from other builders. They take care to keep their costs and overhead low while maintaining as high a volume of builds as feasible and maintaining excellent quality control. Customer service and problems are handled in house and directly by the owners and are handled as swiftly as possible. They carry very little debt other than the loans they use to fund specific home builds. They have and extensive network of suppliers and subcontractors which makes them very competitive in the region. Our client has their own design studio that all their buyers visit to develop their projects. They have an extensive library of plans and the ability to customize for all buyers, from entry level accounts to full custom homes. They have a proven track record of sales every year that stays consistent with the market. The company is in is a fairly consistent market and doesn’t experience the volatility of much of the rest of the country. The sale includes Furniture and equipment valued at $250,000 USD, an office Building valued at $500,000 value (no mortgage), a rental property valued at $265,000 value ($100,000 mortgage) and 3 spec homes valued at $1,326,500 USD (with LTV, approx. 75%--estimated net for all of $331,625 USD). NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Competition: In CIM, NDA required Growth/Expansion: In CIM, NDA required Support & Training: Provided at no charge to enable a smooth transition Reason for Selling: Other Projects

listing type
exclusive representation
Casper, WY, USA
proposed price
To download teaser or contact poster, please sign in.