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Business For Sale

CONSTRUCTION

Attn: Roy Huffman
Des Moines, IA, USA
Listing Number: "5260"
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Asking Price: $6,950,000 USD USA Dollars
Business for Sale Industry: Services: Construction, Contractors  
Reason for Selling: Other interests
Year Established: 1997
# of Employees: 1 Full Time
Yearly Revenues: $1,504,351
Yearly Cash Flow: $203,015
 

Business for Sale Overview:

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.


Property Features and Assets:

Real Estate: $6,550,000 Included in asking price. Furniture, Fixtures and Equipment: $5,000 Included in asking price.


Additional Details:

  • 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 resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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