Business For Sale Listing 143757
Construction
Status as of Aug-20-2008 at 06:00 PM: Active
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Business Summary
CONSTRUCTION: This business does real estate renovation, rental, new construction and sales. The business started in 1999 by acquiring distressed properties and HUD repossessions with a strategy to sell properties and keep other properties as rental units. Over time, the number of renovations and rental units grew. In 2003, the seller started building new duplex units and selling them. A year later a large apartment building was acquired as a bank repossession and sold. Current owner nets over $203,000.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,504,351) |
| Profits: |
Between $100 Thousand and $500 Thousand ($203,015) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $5 Million and $7.5 Million ($6,175,000) |
