Listing Number: 76931-392809
Description
This successful and growing low volume builder has a beneficial mix of custom and spec homes, usually with about 10 completions annually. The custom homes are typically built on lots they own, an important strategy to control availability and build locations. Well run with good written processes and procedures and a sub-contractor base in place.
This is a good opportunity for a builder looking to expand into the Texas and/or north Houston markets or for a project manager with a production builder ready to run his own business.
Inventory shown ($1.5M) is only approximate as it will fluctuate as lots are sold, homes in progress are completed and new lots taken down or added.
Listing Details
- Price: $ 895,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 350,000
- Total Sales: $ 3,000,000
- Location: Harris County, Texas
- Inventory: $ 1,250,000
- FF&E: $ 170,000
- Employees: 5
- Year Established: 2001
- Reason for Selling: Retirement
- Category: Construction
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