Asking Price: $350,000 Gross Revenue: $3,450,314Cash Flow: $307,842 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $400,000 not included in asking priceFF&E: $10,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Price does NOT include inventory homes. Willing to sell with or without inventory, or pick and choose which ones. Current inventory of 6 homes valued at around $400,000 (cost).
Located on a busy SC highway since 1998, this business sells up to 24 custom built modular homes for both North and South Carolina per year! Special designs from quality manufactures such as Cavalier and R-Anell Homes ranging from 1,000 sf to over 3,000 sf. Perfectly located, and well known for fast, quality work.
Situated on a 7 acre lot with 600 feet of road frontage, plus a very attractive on-line presence. Advertised on TV.
Real estate may be available with additional offer. Includes 1 FT sales person (8 yrs) and 1 office manager (5 yrs). Owner willing to stay on as needed to ensure a smooth transition (especially if you need a license).
About the Business
Union County, North Carolina
Number of Employees:
Building Sq. Ft.:
Only one in the area that offers the custom built features and high end modular homes like this. Most homes sold are 2-story, 3br / 2 bath homes loaded with high quality upgrades.
Growth & Expansion:
Current owners tend to only market word-of-mouth, and focus on a 100-mile radius. But with a focus on internet marketing, you could expand to all of North and South Carolina plus Virginia and Georgia. Great website. Just no SEO done on it.
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. See our
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