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Branded Residential & Commercial Construction
Location: United States -> Oklahoma -> Oklahoma City
Industry: Business Services > Construction




Business Summary

A young married couple's flipping business grew exponentially thanks to a fresh outlook and lots of hard work to become what is now a strongly branded multi-faceted residential and commercial construction and development company. 2021 closed out just shy of $10 Million in gross revenue.

As they became more successful, the scope of projects grew and now include custom home building. By forming a partnership with the area's most influential real estate firm, they have plotted strategic purchases for the residential development of lots and acreages. Meanwhile, the commercial and remodeling sides have been spun off to trusted associates who license the use of the Company name and continue its traditions of quality and innovative design. All of the Company's acquisitions have a purchase order attached.
Although launched in 2011, the Company's catchy name is now synonymous with quality and home-grown success.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: No facilities. The company is based in a new, well-located commercial strip mall. The space hosts the administrative offices and is part showroom as well. Rent is $2,400 per month.

Competition: The Company is one of the youngest builders in the area. Some owners of businesses that have been around for a long time (name recognition being the only advantage) are over 70 years old. Some have already retired in the Covid climate, others are expected to close or sell off soon. Offering superior customer service and presenting modern designs for younger buyers have made a huge difference in gaining market share.

Growth & Expansion: One project underway is a 27-unit townhome community. Several other multifamily projects are on the horizon. Additionally, in the last two years, many clients have been moving from out of state with nearly one-third of the portfolio being built for clients from California. Making addi


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $10,000,000
Cash Flow:   $750,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed.
Reason For Selling:  A sale will generate capital needed to maintain growth and reduce lender fees.




Print Listing Id: 700372431
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Also See: Franchise Opportunities > Franchise Resales > Oklahoma Businesses For Sale > Oklahoma Franchises For Sale > Oklahoma Business Brokers



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