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BUSINESSES FOR SALE


If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Profitable Spec Home Builder For Sale

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $2658568
Net Profit / Cash Flow  $280388
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will train.
Reason for Sale  Retirement.
Description  This profitable speculative home builder is one of the area's fastest growing builders. Concentrating in established subdivisions north of Houston, it has completed more than 200 new homes over the last 10 years. The success of this business is due to its commitment to personal customer service, attention to detail and its group of reliable, long-term subcontractors. Another key to its success is its strong, long-term relationships within the local real estate and the community banking industries. Projects are initiated and completed via bank construction loan financing minimizing working capital requirements. It has substantial credit accounts at all of the major home construction suppliers. This company serves Conroe, Lake Conroe, Montgomery County, Grimes County and the surrounding areas. Business typically has 10-12 homes under construction and unsold at any one time. While the business' inventory of unsold homes is not being sold, the buyer will participate in the profits of homes under construction at the time of the business closing when the homes are sold. One of the current superintendents is capable of managing the overall construction operation. Seller will transition with buyer at least until the projects under construction and unsold at the time of the closing of the business sale are completed and sold. Please refer to CBB Listing #7589RC
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