Strong profit margins near 20%! Servicing over 5 counties within a 30 mile radius in western South Carolina, this company specializes in mobile and modular home sales with or without installations including both single and double-wide mobile residencies. The types of home include singlewide mobile homes up to 1,178 square feet, doublewide mobile homes up to 1,705 square feet, and manufactured homes with square footage up to 2,500 square feet. They carry high ratings, reputation for sound quality and experience to expand their command over industry. The company maintains a high level of recurring revenue through relationships with referring real estate agents and real estate investment groups. New ownership could generate further growth with SEO website marketing and a salesperson as current promotional efforts center on backing WOM referrals from a large and rotating client base. Thanks to low competition and expansion in rural regions, more business has led to Revenues of $1,997,078 in 2020, alongside SDE’s of $408,419 and an EBITDA of $337,442, based on an independent evaluation! Three warehouse buildings and an office facility of 2,000 sq. ft. feature a showroom and is commercially zoned in great conditions. Property can be preferably leased at a fair market amount or negotiated for a separate purchase; as it does not require customer visits, business can be easily relocated! Mainly owner-operated with one employee most likely to stay post-sale for a smooth transition, functions are run through outsourced subcontractors with long-term relations.
Listing includes Equipment of $252,962 and Inventory valued at $347,708 and additional assets of $21,883! Property of $250,000 to $300,000 value is available for negotiable purchase.
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