Business for sale at www.bizbrokersfl.com: Real Property Rltd|Vacant Residential Land

PROFILE 417-74702975

Location:	Ormond Beach	Real Property Rltd\|Vacant Residential Land
Sales Price:	$5,500,000	Down Payment: $2,750,000

Executive Summary

Unbelievable opportunity to purchase 147 acres of shovel ready land in the Heart of Ormond Beach. Golf Course (in place) & build development or development only. R2 Residential in place ability to build up to 400 lots, beautiful property accented with majestic oaks. Property is located ½ mile from newly renovated shopping center including Publix, Talbots, Coldwater Creek, Jos. A. Banks and more! No wetlands. Less than 5 miles from the ocean and less than 10 miles from Daytona Int’l Speedway.

Business Synopsis
Business Format:	S Corp	Facilities:
Established in:	1979	Square Footage:
Years Owned:	31	Lease Expires:
Employees:	0	Monthly Rental Expense:
Reason for Sale:	Retirement
Skills Required	n/a
Training Provided:	0 weeks

Asset Information (estimated fair market value)
Real Estate:	$5,500,000	Included
Total Assets Included in Sale:	$5,500,000

Operating History

	Financial Source
	Gross Sales
	Gross Profit
	Discretionary Earnings *
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.

DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.

COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL 33131-2945