The business has provided quality homes for families in British Columbia for nearly five decades. In the process they have established an enviable level of trust in their brand.
The current ownership bought this company from the founders because they saw an opportunity to create a company that has none of the accepted challenges and pitfalls of ownership associated with construction companies. They added their own particular expertise to the mix, modernized the processes and procedures and morphed this into a company that has huge moats (barriers to entry), and attributes not enjoyed by other construction companies. From start to finish they have all encompassing control of the project. They have solved cash flow – $0 working capital required – as well as control in the execution of each step in the build process – $0 in construction liens. Is there another construction on the planet that can make that boast?
A highly experienced management team is in place. All sales are handled by employees of the company, not the owners. Tremendous effort has been made to create fully documented, reliable, efficient, teachable and repeatable processes in all aspects of the business. This business has the foundation required for remarkable and predictable growth. The projects in the pipeline indicate that a lot of that growth is already in place.
Now it the time to inquire on what is truly a unique opportunity.
Asking Price: $N/A
F, F & E: $528,816 book value 2020
Inventory: $1,723,982 book value 2020
Sales: $15,975,196 – YE 2021
EBITDA: $1,794,750 YE 2021
Business Location: British Columbia