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Tulsa Metro Area Custom Luxury Home Builder For Sale

Tulsa, Oklahoma
Asking Price:
$1,400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,066,000
Cash Flow:
$338,000

The Company provides general contracting services & specializes in building new custom luxury homes as well as kitchen & bath remodels. The company operates from a 1,200-square foot facility, which it leases from third party. With its niche range of services, the Company's marketing efforts focus on perspective luxury home buyers. Currently, 100% of the company’s revenue is derived from the sale of custom & pre-existing homes to individuals. The owners believe the Company’s services & customer base represent significant growth opportunities for a strategic buyer. In 2016, the Company generated $6.1M in revenue with adjusted EBITDA of $228k.
Consistent profitability - regional reputation - Includes: $75,000 of equipment, vehicles and inventory - $87 billion Home Builder industry - 1.2k square foot facility, leased with current plans to build a 4,5K square foot facility - Service radius of 50 miles - Owner willing to remain for 6 months - Success with limited marketing efforts - $10M Revenue and doubled EBITDA Projections for 2017.
About $500k profit potential added to the books from six homes!

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

9-5

Employees:
3
Years established:
1981

Other Information

Financing available:

No

Furniture / Fixtures value:
$75,000 - included in the asking price

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