Angle Homes Company Profile

Background

Angle Homes, established in 1996, is a premier homebuilder and residential developer based in Kingman, Arizona. The company is dedicated to constructing high-quality homes that cater to a diverse clientele, ranging from young families to retirees. With a focus on quality craftsmanship and attention to detail, Angle Homes has become the largest homebuilder in Mohave County, Arizona.

Key Strategic Focus

Angle Homes specializes in building a variety of residential properties, including starter homes and luxury residences. The company offers over 20 floorplan models across 10 active communities, providing options that suit various lifestyles and preferences. Emphasizing energy efficiency, many of their homes come standard with features such as 2x6 walls, ceiling fans with lights in all bedrooms, finished garages, two-tone paint, tile floors, lifted ceilings, stone accents, fireplaces, and granite countertops.

Financials and Funding

As of 2023, Angle Homes reported 237 closings with a revenue of $75 million, ranking #169 on Builder Magazine's Builder 100 list. In 2022, the company achieved 316 closings and $106 million in revenue, ranking #153. The company has raised a total of $150,000 in funding over one round.

Technological Platform and Innovation

Angle Homes integrates energy-efficient features as standard in their homes, including 2x6 walls, ceiling fans with lights in all bedrooms, finished garages, two-tone paint, tile floors, lifted ceilings, stone accents, fireplaces, and granite countertops. Additionally, the company offers an online system that provides customers with 24/7 access to live information on their new home, including construction photos, floor plans, and change order details.

Leadership Team

Doug Angle: Founder and CEO. Doug began building homes in the 1970s with his father and later transitioned from his role as CFO of Kingman Regional Medical Center to establish Angle Homes in 1996.

Tyler Angle: President. Tyler oversees the company's operations and strategic direction.

Scott Jackson: Vice President of Finance. Scott manages the financial aspects of the company.

Branson Pease: Vice President of Sales and Marketing, Real Estate Broker. Branson leads the sales and marketing initiatives.

Todd Richardson: Vice President of Construction. Todd oversees the construction processes and ensures quality standards.

Competitor Profile

Market Insights and Dynamics

The residential construction market in Arizona is competitive, with numerous builders offering a range of homes from entry-level to luxury. The market has seen steady growth, driven by population increases and economic development in the region.

Competitor Analysis

Shea Homes: A subsidiary of J.F. Shea Co., founded in 1881, operating in Arizona and other states. Shea Homes offers a variety of residential properties and has a long-standing reputation in the industry.

Fulton Homes: A prominent homebuilder in the Phoenix metropolitan area, known for constructing quality homes and developing master-planned communities.

Pulte Homes: A national homebuilder with a significant presence in Arizona, offering a range of homes from affordable to luxury.

Strategic Collaborations and Partnerships

Angle Homes has a sister company, Angle Solar, which specializes in solar integration. Angle Solar has installed over 2 megawatts of solar power in Mohave County, enhancing the energy efficiency of Angle Homes' properties.

Operational Insights

Angle Homes differentiates itself by including numerous features as standard that other builders may offer as upgrades, such as 2x6 walls, ceiling fans with lights in all bedrooms, finished garages, two-tone paint, tile floors, lifted ceilings, stone accents, fireplaces, and granite countertops. This approach provides better value to customers and enhances the company's competitive position in the market.

Strategic Opportunities and Future Directions

Angle Homes aims to continue expanding its presence in Mohave County by developing new communities and offering diverse floorplans to meet the evolving needs of homebuyers. The company's commitment to quality, energy efficiency, and customer satisfaction positions it well for sustained growth in the Arizona residential construction market.