Business Description

 

 
     
 
  Location:

Greater Los Angeles Area

 
       
  Asking: $1,800,000  
  Financing: Owners are willing to consider financing a portion of the sale price on market terms and conditions.  
   
       
  Revenue: $10,500,000  
  Cash Flow: $600,000  
  Furniture, Fixtures &
Equipment:
$35,000  
  Inventory: $100,000  
       
  Summary: The company was founded in 2001 and continues to be operated by the founders. The company is a dealer in new and used manufactured homes. It has an exclusive agreement with a major manufacturer and agreements with other manufacturers. The company also sells used mobile homes in its marketing area. The company can document sustained revenue and profit growth since its inception.
 
       
  General Information  
       
  Year Established: 2001  
  Employees: 6  
  Facilities: The business operates out of 3120 sq.ft. of leased space.  
       
  Market Outlook    
       
  Competition: The company has a strong presence with low end first time buyers. In this market segment, the company maintains an approximately 30% market share in its marketing area.
 
       
  Growth & Expansion: The company can increase growth by increasing sales staff and direct marketing and developing a display center. Additionally, the company could replicate its marketing approach in nearby geographical areas.  
       
  About the Sale    
       
  Support/Training The owners will train.  
  Reason Selling: The owners have many interests and are going to travel and pursue some of these other interests.  
       
  Contact Information  
       
  Contact: Michael Schwerdtfeger, Venture Compass  
  Phone: (310) 541-4851  
  E-Mail: michael@venturecompass.com