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Iowa Business For Sale |
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| CONSTRUCTION |
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| Attn: Roy Huffman |
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| Des Moines, IA, USA |
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| Asking Price: |
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$6,175,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Construction, Contractors |
| Reason for Selling: |
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Other interests |
| Year Established: |
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1997 |
| # of Employees: |
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1 Full Time |
| Yearly Revenues: |
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$1,504,351 |
| Yearly Cash Flow: |
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$203,015 |
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Business for Sale Overview:
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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.
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Property Features and Assets:
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Real Estate: $6,550,000 Included in asking price.
Furniture, Fixtures and Equipment: $5,000 Included in asking price. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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