• Landline:512-347-2000
  • Email:vinals@benchmarkcorporate.com

Award Winning Luxury Homebuilder serving the Texas Market

  • Posted on
  • 121
Specifications
EBITDA$370,000
Revenue$8,060,000
Client CodeVEN871
EBITDA Range 250K-500K
Revenue Range 5M-10M
Sector Building-and-Construction
Region Southwest-US,Southwest-US
Deal Structure Full-Sale
HeadquartersTexas
Description

The company is a full-service luxury, custom home builder located in Texas. The company also offers residential remodeling services and light commercial builds.

Key aspects
· Legacy homebuilder operating for 35 years.
· Chosen as one of the best builders in its geographic market for the last 12 years.
· Deep experience, partner relationships, and contractor networks in the Texas market.
· Proven build process with over 650 homes completed.

Opportunities
· High growth potential for an already established business.
· Opportunity to purchase lots or teardowns in the most sought after subdivisions in Texas.
· Company website update and expansion of social media presence will facilitate new business and growth.
· Opportunity to capitalize and grow with Texas´ current population growth trends.

Headquartered
Texas

Current markets
The company primarily serves the Texas luxury, residential construction market but also serves the commercial market, depending on the project.

Real estate
The company leases an office space from an unrelated third party.

Shareholder/owner objectives
Two equal owners are approaching retirement and are seeking a full exit from the business. Both are open to staying on to ensure a smooth transition to new ownership.

Year end
12/31/2018
Internal
$’000
12/31/2017
Internal
$’000
12/31/2016
Internal
$’000
Revenue 8,060 1,298 1,732
Gross Profit 407 64 199
Adj. EBITDA* 370 -56 -48

* Profit before interest, tax, depreciation and amortization (non-cash items)[/cs_table]