Luxury Home Builder and Developer
Founded in 2001 with numerous awards, accolades, magazine articles, and news coverage, Luxury Home Builder and Developer is the one of the top luxury homebuilders in Scottsdale, successfully completing over 500 custom home and development projects, totaling over $1billion in value and counting. These projects span the most desirable and exclusive gated communities in Scottsdale, Paradise Valley, and throughout the greater Phoenix area.
The Seller's unwavering commitment to superb craftsmanship, innovative design, and exceptional customer service has earned them the reputation of a Master Builder. With three developments containing 45 entitled lots ready for construction, there are years of ready lots in its development pipeline. The buyer has the opportunity to purchase 1/2 of the membership interest in three LLCs which own the real estate for $31,500,000. The entire fee ownership is likely available as well. The real estate legal descriptions and the operating agreements for the three LLCs will be provided. This is an amazing opportunity for a builder to walk into a thriving luxury homebuilding business with ready-to-build entitled lots.
The corporate office is leased with Total Rent of $17,572. Square footage of 5,394. Hours of operation are 8am-5pm Monday-Friday with 9 FT employees. $300,000 in FF&E is included in asking price, and $1,000,000 in Accounts Receivable is included as working capital. AZ Contractor License required.
Financials (USD)
Asking Price $20,000,000
Cash Flow $5,735,064
Sales $63,849,031
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? Available On Request
Real Estate? Available On Request
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