Leading Manufactured Homes Sales Center, Nets Almost $2 Million!

Location: Alabama, United States
Category: Real Estate
Type: Established

Financials

Asking Price: $6,500,000
Cash flow: $1,800,000
Revenue: Not Disclosed
Gross Income: $5,753,000
Inventory: $350,000 - Included in the Asking Price
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

Industry-leading, Manufactured Home Sales Dealership and Site-Homes Developer and Sales, in the same location for over 21 years! This business covers all bases, by both selling mobile homes AND site-built homes. With traditional homes averaging over $200,000 in many parts of Florida, very few blue collar or middle-class workers can afford to buy their own home anymore. This is resulting in a huge move to purchasing affordable, quality manufactured and modular homes. Forget about everything you\\\\\\\'ve ever heard or seen about mobile homes. These manufactured homes are beautiful, well-designed, long-lasting and built to State of Florida code, among the most stringent in the U.S. The site-homes are beautiful, affordable and have financing programs in place to fit just about any buyer. This owner has developed an amazing and extremely profitable system, which has continued to rapidly grow. This is not only a fantastic business, it is providing quality, affordable homes to families who may not otherwise be able to purchase their own home. Napoleon Hill said \\\\\\\"Provide a worthy service to humanity and the money will follow\\\\\\\". Here is a business you will make a lot of money in AND provide a worthy, quality product to those who need it the most. The business in on track to net $THREE MILLION this year! PRINCIPALS ONLY, PLEASE! NO BROKERS!

Almost 7 acres with 700 ft of frontage on major highway, with 2,500 sq. ft. office, with 8 interior offices. 4 entrances to property, long term lease available at an unbelievable $4,800 rent per month!

Prime location in the largest county in Florida for manufactured home sales. Centrally located, this area is known as the place to purchase manufactured or modular homes. Favorable zoning makes land availability plentiful, creating an exceptionally strong market for this extremely competitive product. This business is enhanced by several retail financing sources. Two well-developed websites with links to lenders and factory provide plenty of leads, as well as a steady flow of walk-in customers.

There are numerous profit centers which are available, including mortgage broker fees, insurance, title company fees, land sales profits and advertising money from the manufacturers. Sales have increased every yearq. This business can be easily expanded into neighboring counties. With traditional home prices becoming out of reach for many, manufactured and modular home sales will continue to soar.

25% Down Payment from qualified buyer, terms to be negotiated
Owner will assist with transition if desired. Present managment and sales staff will stay. This is a business that has long-term employees with very little turn over.

General Information

Reason Selling: Owner has other business interests, out of and in-state.

Number of Employees: 11
Year Established: 1984