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Sunbelt of Edwardsville

Highly Profitable New Construction Contractor Business In Illinois For Sale

Metro-East Illinois / Southern Illinois, Illinois, US
Asking Price:
$3,017,999
Sales Revenue:
$75,000,000
Cash Flow:
$875,000

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

Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $150,000.00
Real Estate Description:
Office, and storage for equipment

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Owner worked hours per week: 40
Market Competition: Minimal competition, great market in a top area of Illinois for relocation customers

Property Information

Size in square feet:
700

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 4, Part Time: 1
Years established:
25

Other Information

Support & training:

Yes, seller is willing to provide a period of training during the business transition

Financing available:

Downpayment Required: $151,000.00
Financing is available

Furniture / Fixtures value:
$182,000
Inventory / Stock value:
$2,300,000