The business is a professional custom home builder located in South Dakota. In operation since 2010, the company was created to make the home design and construction process enjoyable and affordable.
The company specializes in carpentry, stone masonry, custom beam and timber frame-work, metal fabrication, granite counter top fabrication and installation, heating and cooling systems, custom trim work, and full excavation including specialized rock excavation.
To aid in the preliminary design phase, the company offers drafting services to modify a clients’ plans or to design their dream home from scratch. Having this service greatly helps in customization of a design to make it fit both the client’s budget and their style preferences. Additionally, the company’s showroom has been set up to allow customers to look at products that will comprise their home all in one place. Everything from siding and roofing to doors, cabinets and flooring is on display, to help design the perfect home for their customers.
The company is a family-owned and operated business with only two full-time employees, and no inventory; all savings are passed to clients. Home construction and remodeling projects are closely supervised by ownership to ensure that the quality of the work surpasses clients’ expectations. Through on-site supervision and efficient scheduling, the company keeps its subcontractors focused on the job at hand. This allows the company to complete projects on time and faster than other builders leading to savings in time and costs. Current ownership has been involved full-time in the industry and is now ready to explore other interests. This company is listed for $1,750,000.
- Established business with a strong brand synonymous with premium craftsmanship and superior customer service
- Exceptional customer service by managing each project to the smallest detail and keeping clients informed and involved throughout the whole construction/remodeling process
- Steady cash flows supported by a strong and loyal customer base with many repeat clients
- Strong presence throughout South Dakota, with custom projects completed in many markets
- The company’s 4,000 square foot office and shop space is available for purchase from seller at an additional price
- Solid grasp of the local market dynamics and industry trends
- More than 10 years residential construction and remodeling experience
- Great rapport with residential clients in the area
- High level of trust and loyalty with subcontractors through long-term relationships on multiple projects
- Tremendous room for growth by accommodating the boom in the number of people moving to the area for retirement
- Advertising costs are minimal due to the Company’s reliance on word of mouth and referrals to attract new clients. Website/online promotion can bring in further business and increase visibility, especially from the surrounding areas
- Approximately $8.5 million in annual revenue, $ 2.1 million in gross profit, $1.2 million in net income and $1.3 million in seller discretionary earnings (TTM)
|Business||Custom Home Builder||Asking Price||$1,750,000|
|Years in Business||Since 2010||FF&E||$75,000|
|Employees||2 full-time employees, excluding the owner. Most project work is completed by subcontractors.||Terms||Negotiable|
|Hours||Mon-Fri: 8:00am – 5:00pm||Ownership||100%|
|Facilities||The seller owns the real estate and will entertain the idea of selling the property with the business.
3,600 sq.ft for the main building + 4,000 sq.ft storage building.
|Reason for Sale||Current ownership has been in the industry for over 20 years and is now ready to explore other outside interests.|