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Businesses For Sale   >>   North Carolina Businesses For Sale

Residential / Commercial Land For Subdivision

Location  North Carolina,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  No
Reason for Sale  Want to focus on other business.

Description  
Selling majority interest which is equal to fifty-five percent (55%) of existing LLC located in Western North Carolina. LLC is owner of approx 100 acres that is being developed with a focus on two segments of the population that are currently under appreciated in our society. Land is in early stages of physical development, but marketing surveys, land surveys and water access has been completed. Inroads have been made with investors and government entities to garner multi-level support for the project. Even in today's environment, this area of NC remains strong and stable in the housing market. Conservative project proforma's estimate profits in excess of $10M in next 2-5 years, your potential gain would be 55% or $5M+. Asking $900k for my entire position.


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