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Developer Home Builder With Real Estate Available For Sale

Montgomery County, Ohio, US
Asking Price:
$635,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,317,499 (USD)
Cash Flow:
$389,390 (USD)

Great opportunity for an individual investor or existing developer, home builder, or contractor to expand their offerings. A buyer can step into a growing market with land zoned for residential and multi-family housing available for purchase. Opportunity to increase advertising to draw more aspiring homeowners from the hustle, bustle urban areas to a more relaxed country lifestyle less than 30 minutes from a major city.

Seller is a very experienced home builder specializing in 55+ communities, custom home building, remodeling, insulation, and gutters. Development with 55 unsold lots must be purchased with the business at $27,500 per lot for a total price for the business and real estate of $2,147,500. An additional 33 acres of zoned residential/multi-family and office/warehouse are also available for purchase at a price to be determined. The office /warehouse may be leased at $6,000 per month gross lease.

Brokers: 50/50 co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

Property Information

Real Estate:

Lease

Lease Terms:

Gross lease

Leasehold Rent:

$6,000 (USD) per annum

Location:

A growing rural area within 30 minutes of a major city.

Premises Details:

8,000 SF office and warehouse space located on a major thoroughfare. 1,100 SF of office, remaining area warehouse with 16' loading door.

Size in square feet:
8,000

Business Operation

Expansion Potential:

A buyer can step into a growing market with land zoned for residential and multi-family housing available for purchase. Opportunity to increase advertising to draw more aspiring homeowners from the hustle, bustle urban areas to a more relaxed country lifestyle less than 30 minutes from a major city.

Competition / Market:

Detailed in Confidential Business Review

Reasons for selling:

Retirement

Trading hours:

M-F 8:00am-4:00pm

Employees:
7
Years established:
2010

Other Information

Support & training:

Four weeks of transition assistance at no charge

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$342,000 (USD) - included in the asking price
Inventory / Stock value:
$4,000 (USD) - included in the asking price

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