The company is an award-winning residential home builder that focuses on first-time home buyer market. Services include speculative and custom new construction homes. The company specializes in “trend forward” designs.

Key Aspects

Revenue and adjusted EBITDA grew at a compound annual growth rate (CAGR) of 42% and 55% from 2019 to 2021, respectively
Average gross profit margin of 28.5% from 2019 to 2021
149 units currently under construction as of 6/1/22
Inventory of 398 units/lots as of 6/1/22
Outstanding reputation and brand recognition in the market
Winner of several nationally recognized awards
Trusted subcontractor network
Qualified team with extensive industry experience
In-house dedicated sales team Financial Note:

Financials are subject to intercompany transactions that have not been identified.

Opportunities

Expand to all five major metro markets within 150 miles of the company’s operating facilities.
Implement a purchase order and work order system to standardize purchase and labor costs
Standardize supplier relationships and rebate programs

Headquartered

Carolinas

Current Markets

Carolinas and Georgia

Real Estate

The company operates from a 2,400 sq. ft. facility leased from a related entity. The current facility is temporary while a new 17,500 sq. ft. corporate office space is being built. The owners are willing to entertain selling the facility or entering into a long-term lease.

Shareholder Objectives

Two owners, both active but not full-time in the business, are flexible on deal structure. They will either consider a full sale, or continue to grow the operations alongside a partner with access to additional resources

Benchmark International

Benchmarks Exclusive Opportunities

Award-Winning Residential Home Builder – BM000852

Award-Winning Residential Home Builder – BM000852

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