Highly Profitable House Building Company

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Internal Ref: 1792171

Summary

A well established and very active house building company with extensive work in progress. Superbly located to take advantage of Sydney's massively expanding housing market.

Location Details

This business is based in Sydney and is mainly active in the North and South of the city.

Potential

Excellent management team in place with tremendous potential to expand the business by growing its current offering via increased marketing and geographical spread in addition to expanding in to the apartment and town houses market.

Lease

Excellent office / warehouse premises with lease until August 2019.

Employees

The company directly employs 9 people with a further 150 contractors.

About the Business

This house building company has grown and expanded primarily by word of mouth and recommendations. It prides itself on producing well designed, well built, eco-friendly lower cost homes in sought after locations. It has close to 700 new home builds in the pipeline. It is currently turning over circa $11M pa and generating net profits close to $2M. There is tremendous opportunity to grow these figures significantly.

Some great facts about this business:

- Well Established House Builder - Sydney Based
- $11M T/O with $19M work in progress
- Great reputation for building eco-friendly, lower cost homes
- Tremendous potential for growth with over 700 new homes in the pipeline


For more information on this exciting opportunity, please contact the undersigned:

Peter Barrett
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0474 378 411 T: 1800 858 696 E: peter.barrett@raywhite.com

For more details complete the contact us form on this page or go to www.allbizsales.com and complete our online confidentiality agreement. Use the reference ID 1792171 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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