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Hudson Valley NY

  • Listing No.: 215-20500

  • Category: Construction

Asking Price $7,600,000
Down Payment
Gross Revenue $6,979,417
Total Adjusted Net Income $1,598,151
Equipment / Fixtures $187,000
Year Established 2000
General Location Hudson Valley NY
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The Company is a premiere custom residential and commercial developer and builder in the Hudson Valley area. It has exclusive building rights in various communities including a high-end residential community in which it owns. Because of COVID it is experiencing significant growth in-line with other builders in the Hudson Valley. It owns over 100 acres of land consisting of 17 undeveloped parcels mostly 5 acres each. This is a high-end community of luxury homes which has been appraised at $6.5 million. Owner is looking to sell the real estate with the business but is open to selling the business separately. Appraisal available upon request.

Gross Revenue $6,979,417 Listed Price $7,600,000
Total Income $1,598,151 Down Payment
Base Rent $1,300 Square Feet 1500
Total Rent $1,400 Lease Expiration 12/2021
Rent Deposit $1,300 Lease Options Annual / 1 Year
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $187,000 Other Assets
Full-Time Employees 7 Training Period 3 Months
Part-Time Employees Special License Required
Contract Staff 1 Reason for Selling Burnout

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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