Custom Design and Project Management with 100% Subcontracted Labor
Asking Price: | $5,200,000 |
Gross Revenue: | $23,051,259 |
Cash Flow: | $2,275,441 |
Established Year: | 1999 |
This firm specializes in providing high-quality home design
with project management focused on high-net-worth
residential buyers. The range of services includes design, plot
sourcing, development, subdivision planning and remodels.
The dedicated team works out of an 1,800 sq ft office in
Upstate New York. There are seven full-time W2 staff
members including a General Manager, two Project
Managers, a Project Coordinator, a Draftsman, a Controller,
and an Administrative Assistant – all labor and construction is
subcontracted out. They have clients within a 50-mile radius
of Saratoga County. The owner dedicates approximately 20
hours per week focusing on financial reviews, and providing
general oversight of the team. Given the existing personnel,
no immediate replacement for the owner is necessary, as
current staff can absorb these roles. To facilitate a smooth
transition, the seller is willing to provide training for a period of
1-2 years, plus carry 15% of the purchase price to show his
vested interest in the continued success of the business postclose.
Priced at $5,200,000, a 10% down payment of $520,000
returns $833,001 in the first year after debt payments!
Currently, this business does not engage in any marketing
activities. Implementing a marketing strategy could
significantly enhance visibility and attract more clients.
Potential growth avenues include digital marketing
campaigns, social media engagement, and community
outreach programs aimed at showcasing completed projects