Custom Modular Home Retailer

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High Cash Flow Margins and Low Staffing Operation. High Traffic Location.
Asking Price:
$350,000

Gross Revenue:
$3,450,314
Cash Flow:
$307,842
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$400,000
not included in asking price

FF&E:
$10,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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

Location:
Union County, North Carolina
Year Established:
1998
Number of Employees:
3
Real Estate:
Owned
Building Sq. Ft.:
2,000
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
4 weeks

Listing Info

ID:
1549233
Ad Detail Views:
1428

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$
months
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Business Listed by

Jack Sluiter

Transworld Business Advisors - South Charlotte
License# 287997

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