New Home Construction

NS (Relocatable)

New Home Construction

Asking Price:$885,000

Cash Flow:$277,057

Gross Revenue:$3,898,724

EBITDA:N/A

FF&E:$59,522

Inventory:$483,589

Lease Rate/Sq. Ft.:N/A

Established:1960

New Home Construction

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Business Description

New Home Construction

A reputable and successful seller of factory built modular homes for the past 55 years. Representing a well known modular home line with a reputation as a quality builder, the company provides a superior product to a market that continues to grow. Along with helping to choose the best house to fit the customer's needs the company provides all necessary services including site preparation, foundations, electrical, interior highlights and other services as required to provide a superior turnkey home.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
7 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company is strategically located in a highly visible location.The company has a main office building, a garage facility, and generally 1-3 show homes. The property and buildings are available separately, or a new owner will be required to enter a lease with the seller. The show homes are considered inventory and are included in the working capital to be adjusted at closing.
Competition:
Competitors would be home builders and pre-fab suppliers of homes. The company's products are considered at the high end of the scale compared to competitors, at very reasonable prices.
Growth & Expansion:
The company has a great opportunity to grow through younger, more ambitious ownership, through a greater emphasis on mini-homes, a more aggressive marketing effort, and additional sales staff and sales offices.
Support & Training:
Will train for 8 weeks @ no cost. The company has all necessary skills to design, build, and assemble delivered homes, on sites which the company has prepared, providing all necessary services such as site preparation, foundations, electrical, interior amenities, and other products and services to ensure that the customer has a great experience, and receives a complete turnkey, superior quality home. Some sales or contracting experience would be helpful, but not necessary.
Reason for Selling:
The owner is looking to retire.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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