MOBILE HOME SERVICE COMPANY
Seller:
Attn:
William Bruce
Location:
Baldwin County, AL, USA
Listing Number:
26734622
Overview of the Business:
This is the only full service mobile home operation in the area. The company moves, sets up and refurbishes mobile homes inside and out. Additionally, the firm rents and rents-to-own mobile homes. This represents $9,600 per month in income. The business maintains an extensive parts department of everything from hardware to bath tubs. The inventory alone is estimated to be $350,000 at cost. The headquarters is a 6.3 acre mobile home park that also contains the parts department and refurbishing work area. There are additional real estate holdings and mobile homes across Baldwin County. The total real estate value is conservatively estimated to be approximately $800,000. A long list of equipment (including 2 trucks) and tools are included in the sale of the business. The owner’s health has limited the amount of business he can accept and forces the sale of this 19 year old business. The owner reports that his is turning down business every week. The situation offers an outstanding opportunity for someone to step into a situation that has positive cash flow and lots of room for growth.
Market Competition and Expansion:
Baldwin County was recently named by Policom Economics as one of the top local economies in America, and the strongest local market in the 6-state region. Additionally, Mobile/Baldwin was recently predicted by the respected Moodys Economic Research Group to have the fastest growth rate over the next 5 years of all 363 metropolitan markets in America. With the groundbreaking in the area of the largest steel processing plant in the history of America, the area is positioned to grow like never before. The steel plant alone is expected to employ 29,000 workers during the five year construction phase. And there are other industrial development announcements being made monthly. There is no recession here. It is an exciting time to be on the Gulf Coast!
Additional Details:
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