Gross Revenue: $6,800,000

Cash Flow: $102,000

Cash Flow Comments: EBITDA

Inventory: $2,000,000 (Included in Asking Price)

FF&E: $275,000 (Included in Asking Price)

Real Estate: $2,000,000 (Included in Asking Price)

Seller Financing: negotiable

Our client is a manufactured housing and recreational vehicle ("RV”) dealer engaged in the refurbishment of pre-owned mobile homes and the sale of new and used RVs. The Company purchases late model, repossessed mobile homes and refurbishes the homes for resale, the Company has also recently started to offer new mobile homes. Transportation and set-up is provided for mobile homes and repair and warranty service for RVs. The RV lines include; Forest River, R-Vision, and Peterson Industries. They also offer used or salvaged vehicles, parts for RVs and mobile homes, and insurance, as well as in-house financing. The Company’s primary activities are mobile home sales (39% of sales) and RV sales (36%), with service (14%), parts sales (8%), automobile sales (2%), and insurance sales (1%) comprising the remainder.

Year Established: 1988

Employees: 14 full time - 5 part time

Facilities: 20 acres with hwy frontage and 6 buildings totaling 26000 sq/ft

Market Outlook and Competition: despite the subprime mortgage issues facing the country today, this business is doing well do to in house financing and the development of the RV product line.

Management Training and Support: seller will stay on for a reasonable time to train

Reason For Selling: retirement