Large, Growing Real Estate Development Company & Multi-Family Builder Business For Sale in Canada

Large, Growing Real Estate Development Company & Multi-Family Builder

Building and Const. Services - General Building Contractors | Real Estate - Other Real Estate

Asking Price:	Not Disclosed	Inventory:
Gross Revenue:	$95,000,000	Real Estate:	n/a
Cash Flow:	$18,700,000	FF&E:	n/a
++ included in the asking price not** included in the asking price

The Company develops and constructs residential properties such as villas, townhomes, and bungalows. The Company sold 300+ homes in 2008, ranging in price from approximately $100,000 to $325,000. The Company assists clients with the purchase of homes by selling the home for less than the appraised market value, contributing significant money toward the client’s down payment, contributing even more money toward the home buyers’ monthly expenses through a monthly subsidy that is not repaid. Strong sales growth (65.4% compounded annually from 2006 – 2008) and increasing profitability (EBITDA has increased from 13.2% to 22.2% of sales over the last 3 years). Superior name recognition and award-winning reputation for designing and constructing beautiful residential communities. Strong geographic markets provide continued growth opportunities. Experienced staff available to remain with new ownership.

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Seller ID:	53133
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You can increase your chances of success in buying a business by improving how you communicate with sellers and/or business brokers. It's important to understand that good businesses receive many inquiries through BizQuest, and sellers/brokers are always more inclined to work with buyers who present themselves as serious, motivated, and educated about the buying a business process.

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For more on this subject, see this posting from the BizQuest Blog.

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Business Listed By
Toby Pence \| Generational Equity View All of My Listings


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	The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.

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