| PROFILE: Owner Nets Over $203,000 |
| Status: |
Available |
|
| State: |
Iowa |
|
| Location: |
Central |
|
| County: |
Polk |
|
| City: |
Des Moines |
|
| Primary Category: |
Service Related |
|
| Alternate Category: |
None Given |
|
|
|
| USABizMart Ad #: |
126345 |
|
| Seller Or Contact: |
Roy Huffman |
|
| Primary Phone: |
417-823-0990 |
|
| Alternate Phone: |
None Given |
|
| Email Address: |
See Form Below |
|
| Date Ad Started: |
7/18/08 |
|
| Date Ad Last Revised: |
7/18/08 |
|
|
| Asking Price: |
$6,175,000 |
|
| Down Payment: |
Call/Email |
|
| Annual Revenue: |
$1,504,351 |
|
| Annual Adjusted Net: |
$203,015 |
|
| |
|
|
| Price Range: |
$1 Million + |
|
|
|
| Franchise: |
No |
|
| Relocatable: |
Yes |
|
| Home Based: |
No |
|
| Lifestyle: |
No |
|
| Real Estate Included: |
Yes |
|
| Bkr To Bkr Cooperation: |
Call |
|
|
DESCRIPTION: 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.
Real Estate: $400,000 Included
Ff&e: $5,000 Included
Year Established: 1997
Number Of Employees: 1ft
Reason For Selling: Other Interests |
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