This successful and growing low volume builder has a beneficial mix of custom and spec homes, usually with about 10 completions annually. The custom homes are typically built on lots they own, an important strategy to control availability and build locations. Well run with good written processes and procedures and a sub-contractor base in place.
This is a good opportunity for a builder looking to expand into the Texas and/or north Houston markets or for a project manager with a production builder ready to run his own business.
Inventory shown ($1.5M) is only approximate as it will fluctuate as lots are sold, homes in progress are completed and new lots taken down or added.
Founded over 20 years ago, the business has grown steadily through word of mouth and little to no advertising or marketing. Affected by the pandemic, largely due to materials and labor shortages, not for lack of demand, they appear to have turned the corner and have been trimming expenses the past few years.
Implement a marketing program of any kind to increase sales.
Small retail space has a collection of samples to assist homeowners in the finishes and selections process.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.