Builder

Listing ID:
WILMINC001-N52

Confidential, North Carolina, United States

Construction

Listing Status: Active

Sunbelt of Wilmington

View all listings from this office
Phone: (910) 815-0411
Fax: 910-815-0419

The following broker is assigned to this listing:

Ernie Grooms

ernie.grooms@sunbeltnetwork.com

Description

This builder has been in the area for over 11 years. His company has a reputation for high quality work and customer satisfaction.  Even though the economy has struggled over the past year he has managed to stay a float with his building company. He now has contracts for the first part of 2011 totaling over $1 million.  This area of southeastern NC is now seeing growth within the building business.  He and his wife are willing to stay a part of the company for at least a year to assist the new buyer.

Financials

Asking Price:$225,000
Revenue:$1,185,000
Cash Flow:$225,000
Downpayment: NEGOTIABLE
Monthly Payroll:$0
FF&E Asking Price:$85,500 (Included in Asking Price)
Inventory Asking Price: N/A
Financing Available?Yes

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?Yes
Year Established:2000
Year Acquired:2000
Full-Time Employees:4
Part-Time Employees:N/A
Reason For Sale:Retirement