SOLD!! Let Us Sell YOUR Business!- Manufactured Home Dealership

AR

SOLD!! Let Us Sell YOUR Business!- Manufactured Home Dealership

Asking Price:$298,000

Cash Flow:$250,700

Gross Revenue:$2,636,000

EBITDA:$250,700

FF&E:$49,120

Inventory:$550,000*

Real Estate:$184,800

Established:1999

*not included in asking price.

SOLD!! Let Us Sell YOUR Business!- Manufactured Home Dealership

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Business Description

Manufactured home dealerships almost never become available to a new owner. They are either handed down within the owner's family or continue to operate with the owner being an absentee owner with a manager and employees.. "Too good to give up" is the usual reason these businesses rarely come on the market. Through June, 2016 revenue is + 58% and sales are within two units of the total homes sold the first 6 months of last year. (NOT a typo!)

Today's manufactured home is not your grandfather's "Mobile Home"! Today's typical modular or manufactured home boasts almost 2,000 square feet with walk in closets, 9' ceilings, jetted tubs, fireplaces, bay windows, stainless steel appliances, hardwood floors and granite counter tops. In some ways manufactured homes are even superior to "stick built" houses.

Warren Buffet, one of the world's wealthiest investors and his Berkshire-Hathaway Company recently purchased Clayton Homes for $2.7 Billion dollars . He realizes that the future of this industry is nothing but bright!This is an easy to operate business because of the business model that the owner has established where all functions other than sales are handled by selected subcontractors such as pick up and delivery, site preparation, HVAC and installation. The seller's Discretionary Earnings (owner's profit) is AFTER paying all expenses for the subcontracted work making this a far more simple business than competitive companies with scores of additional employees and headaches.

For a detailed write up with financials and pictures, qualified prospects should contact Jack Crosby at 501/620-3831 of hsbroker@aol.com.
I will respond promptly.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
On a trophy location in Central Arkansas near a factory outlet shopping center that provides extra traffic . The land is level and is several acres in size and is sufficient to hold twice the home inventory or even more. A fully comfortable and fully equipped office is on the premises that has 1,200-1,500 square feet. The business comes with a vast assortment of FF&E plus a selection of home accessories used to decorate sample homes to show them to their best advantage. Nice signage and appearance. The home inventory is impressive and is floor planned making a wonderful way to be able to show a large selection of homes withiout having to buy them up front.
Competition:
It is doubtful that any other such business in the state can match the percentage of customers who are satisfied with their experience selecting and enjoying their new home as this business generates. A good portion of the business comes from referrals from satisfied previous customers.
Growth & Expansion:
There are many possible ways to expand and grow this business that will be discussed with qualified, interested persons. As it exists today it is clearing over $1 million for the owner every 4 years making it one of the most profitable businesses in the state. 2015 owner's profit of over $250,700 plus Real estate appraised at a value of $184,000 for a purchase price of just $298,000 is a great opportunity for any qualified person.
Financing:
Some seller financing available with down.
Support & Training:
Complete training and transition assistance provided as part of the sale including the arrangement with the home manufacturers and floor plan bank. Although this is a simple business a qualified buyer must have certain background and experience in order to examine this business such as; 1. Some experience in construction, building, site preparation or similar. 2. Sales experience selling durable goods to consumers. 3. A superior credit score, significant personal assets and never filed for bankruptcy. 4. Past management of employees involving hiring, training & supervision.
Reason for Selling:
Owner has reached retirement age and is retiring after many rewarding years.

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Jack Crosby

Business Listed By:
Jack Crosby

Muradian Business Opportunities

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Sponsoring Broker:
Kris Muradian

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