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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.
Other:

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.