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Listing #C000001
Morganton, NC

Offered at $359,000
Price With Property $749,000


Property Details
Listing Type: Construction
Selling Price: $ 359,000.00
Property Included: No
Property for Sale: Included
Price With Property: 749000
Inventory Included: No
Inventory Amount: 300000+-
Down Payment: Cash.
Hours: M-F:9-6 Sat:10-6 Sun:Closed
Franchise: No
Year Business Started: 1974
Security System: Yes
Number of Employees: 3 (inc owners)
Lease: NNN Lease Terms Negotiable Rent: $2,700/month.
Area Information:
Key Equipment: See Asset List in Listing PKG
Licenses Required: Manuf. Home Lic-Dept of Insur.

Well Established Modular Home Dealership located in the Foothills of NC. The business has been in operation, and under the same ownership since the mid 70’s. The business has a strong financial track record, quality products, and prides themselves in having established a reputation of honesty & integrity. The owners are seeking retirement, and are willing to work with a new owner to create a smooth transition. The business is operated currently with 2 owners and one salesperson, has 2 Vendors/Builders, and over 20 subcontractors. The business can be purchased with or without the Real Estate. $359K for the business only, or $749K for the business with the real estate. (Inventory is in addition to the price)

Annual Gross Revenue: $2,875,759. SDE(Business Only) : $187K. SDE(With R.E.): $168K
Building Age: 1965
Construction Type: Brick
Parking Spaces: Ample
Basement: No
Roof Type: Wood Frame
Number of Offices: 7
Number of Restrooms: 1
Acreage: 2.64(2 parcels)
Environmental Status: Not Known
Annual Sales: $2875759

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NOTE: All information listed here is provided by the seller and should be verified by buyer as we do not guarantee it to be correct.