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(212) 686-5790

High-End Residential Construction Company

Excelsior Business Group, LLC
For More Information Contact
Tony Torella
Excelsior Business Group, LLC
(212) 686-5790

High-End Residential Construction Company

Industry Segment:
Contractor New Homes
General Location:
Northern NJ
Listing Number:
BBN-194318071

Purchase Information

Listing Price:
$525,000
Down Payment:
$525,000
Terms:
To Be Discussed

Financial Information

Gross Sales:
$2,421,677
Cash Flow:
$353,044
Equipment:
$93,000
Included
Inventory:
0
Not Incl.

Other Business Information

Year Established:
1985
Monthly Rent:
$800
Square Feet:
1,000
Employees:
2
Days & Hours:
Monday thru Friday: 7:30 am to 4:00 pm
Is this a Franchise?
N
Home-Based?
N
Can be Relocated?
Y

Business Description

This business is a full service general contracting and construction management firm specializing in hihg-end home renovations, as well as in the construction of luxury custom-built homes. It has an excellent reputation in the industry for adhering to the highest leveles of integrity, for being reliable, and for providing its clients with work of the highest quality. And it is currently experiencing impressive growth. The company has been in business for 36 years. As such, they have developed a large base of repeat clients. These clients return when they want to upgrade their current homes through renovation or expansion, or when they are in the market for a new custom-built luxury home. The business also regularly receives referrals from these clients, as well as from architects in the northern NJ area. The business brings to the table a well established going concern valure, well established operating systems, a proven track record and a proud history of satisfied clients. The buyer of this business will inherit valuable work-in-progress assets. At any given time there is usually $250,000 to $1,250,000 in Work-In-Progress jobs on the books.  As of June, 2021 there is about $1,000,000 of work on the books, $700,00 of which is yet to be completed.  (NOTE: Based on a margin of 18%, the projected profit for this work would be about $126,000).

Tony Torella
(212) 686-5790
(917) 881-1954
tony.torella@excelsiorbusinessgroup.com
Excelsior Business Group, LLC
555 Madison Avenue
5th Floor
New York, NY 10022
excelsiorbusinessgroup.com
Listing Number:  BBN-194318071
 

Last Revision:6/29/2021 3:05:00 PM
Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
Excelsior Business Group, LLC

Contact Tony Torella
(212) 686-5790

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