57 Year-Old Land Development and Finance Company - Business for Sale
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Rural Land Development & Owner-Financing Company in GA, SC, TN
GA, US
Added 4 months ago
Land development and owner-financing
57 years in business
RemoteAbsentee / Semi-Absentee
This business is a 57-year-old rural land development and owner-financing company operating in Georgia, South Carolina, and Tennessee, specializing in developing and selling 3-10 acre rural tracts for recreational use and affordable housing.
Key Information
Asking
$13.5M
Revenue
$2.0M
Earnings
$2.0M
Multiple
6.8x
Key Highlights
- Business has been established for 57 years (since 1969)
- Secured notes receivable total approximately $10,000,000 (average 8% interest, ~18 years remaining)
- Developed land inventory is approximately $2,000,000
- Business is remote/relocatable and has been managed remotely for the past 13 years
Contact Info
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