Construction - Special Trades | Retail - Miscellaneous Retail

Asking Price	$3,200,000	Inventory	$487,000*
Gross Income	$1,584,254	Real Estate	$1,750,000*
Cash Flow	$400,751	Year Established	1996
FF&E	$150,000*	Employees	4

* included in the asking price

** not included in the asking price

Great business for sale

The subject business is a retailer for two of the finest, off-site, conventional home producers. They offer many different models and floor plans; all of the floor plans can be customized. Some homes have been customized to values exceeding $1 million; although, the average sales price of a home is $140,000. The subject business also offers land/home packages, working with home communities, subdivisions, and other real estate companies. Although the price can vary depending on location and size of land, the total project with home, land and site improvements averages $250,000 to $300,000. Subject business also assists buyers with obtaining the financing needed for their purchase. The subject business' buyers are typically wealthier individuals building a vacation home in the mountains, or other remote areas of Colorado and surrounding states. These clients are not the typical home buyer; therefore the subject business and the Modular Home industry has been far less affected by the economy and real estate market than the site built construction industry. Modular home buyers typically want a faster built home, and or a less expensive one, while still receiving a high quality permanent home. Modular homes typically only have a six month construction process from design to completion. The Modular home building process includes a foundation, basement , etc., and is regulated, appraised, insured and financed in the same way as a site built home is.

Facilities: Excellent location with unobstructed visibility from North and Southbound I-25. The reported traffic count at this exit is 26,146 cars per day. Subject site is improved with a two story office building, with 5,371 SF (3,200 SF first floor and 2,171 SF second floor). The exterior measurements are consistent with these dimensions. The building was built in 1981 as a steel frame with metal panel building. In 1996 the building was gutted and substantially remodeled.

Financing: Negotiable

Support/Training: The owner will provide extensive training to the buyer, and is open to discussing an employment contract.

Reason Selling: Health, wants to work fewer hours.