This business has a long-standing reputation in one of California’s fastest growing industries. They sell, setup, and install Accessory Dwelling Units, commonly known as ADUs or manufactured mobile homes. They work with major home developers, non-profit companies, counties, cities, homeowners, and multi-family community developments.
The company handles all aspects of new and used mobile and manufactured home sale and installation process. After a lead comes through from one of the company’s websites, the owner visits the site, gathering information to perform a rough estimate. Upon client approval, the owner writes the final, itemized estimate, signs a contract, and collects a client deposit. Once the permit process is complete (timeframe varies), the home is delivered to the construction site and setup/installation begins. Installation time ranges from 2 to 8 weeks. Their in-house crews perform the general connection of the house (general trades, utilities, finish work, etc.), but sub-contract out specialty tasks such as crane operation, dirt removal, grading, cement, gutters, and windows and doors. There has been significant legislative reforms to ease ADU development regulations to facilitate easier access to permits; the number of California ADUs permitted each year has skyrocketed by 334% between 2016 and 2022 alone!
The seller is retiring from the industry and is looking for the right Buyer to grow the business to the next level. The industry is booming, so there is opportunity everywhere: through referrals and their website alone, the business generates over $2.5mm in revenue and more than $500k of cash flow a year … without any active advertising! For qualified Buyers, the Seller will entertain an RMO/RME relationship until the Buyer obtains their contractors licenses.
If you are an individual looking to cash in on the ADU boom, or a construction company looking to expand into ADUs, this business is a fantastic opportunity for all qualified Buyers. Questions? Reach out to the Agent today!
