MergerPlace

Thriving Factory Built Hom

Utah (Utah)


  • Asking Price: $1,150,000
  • Gross Income: $3,237,556
  • Cash Flow: $329,428
  • Real Estate: Not Disclosed
  • Inventory: $312,000
  • FF&E: $3,800
  • Listing ID: #215296
  • Established: 2000
  • Employees: 1 FT / 2 PT

Business Description

Factory built housing is quickly becoming one of the hottest and fastest growing sectors of the construction industry. This well established factory built home and accessory building dealership is in a prime location to take advantage of Utah's housing shortage. By partnering with 2 of the leading home manufacturers in the nation they are able to provide state-of-the-art construction, modern features, stylish decor and industry leading warranties. Company has also recently added accessory buildings to it's offering including carports, garages and out-buildings. Owner has established long term relationships with lenders, cities and installation contractors providing a valuable "One Stop Shop" for clients. This business has exceeded expectations year after year and continues to thrive. This sale provides a great opportunity to build on a proven platform or acquire more market share within the intermountain area.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Utah
County: Utah

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 2 PT

Financial Information

Asking Price: $1,150,000
Gross Revenue: $3,237,556
Cash Flow: $329,428
FF&E: $3,800
Inventory: $312,000
Seller Financing Available: No

Property Information

Facilities:

Great location on the frontage road just off I-15. More than 4 acres of leased space provides plenty of space for lot models and excess inventory. Sales office has both back and front offices as well as a kitchen and open area for clients.

Growth & expansion opportunities:

" Unaffordable Utah" creates a great opportunity for growth. The modern pre-fabricated home is beautifully designed, Energy Star rated, and are a fraction of the cost of a site-built home.This business has been thriving year after year and with the current housing crisis in Utah there are no signs of stopping.

Competition:

Although there is competition in the area this business has established it's self as the "One Stop Shop" for getting the job done. They also have exclusive rights for the area with 2 of the top manufacturers in the industry.

Reason for selling:

Health/Retirement.

Support & Training:

Will train for 4 weeks @ no cost Current owner works as a full time salesman for this business. Knowledge of building and construction helpful but not necessary. No special licenses are required to own this business.

Contact Business Seller

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Business Listed By:

Shiloh Sorensen

Murphy Business Brokers