Accy%20405%20Group%20Talk%281%29 -...

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Group Talk 7  The Bad Assets Brandon Goldblatt, Tim Schulz, Grant Stoffle, Mike Tuttle Triangle Manufactured Homes
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Triangle Manufactured Homes
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Triangle Manufactured Homes Established in 1996 Engaged in the retail sale of manufactured homes Manufacturing and retail financing on limited basis Their industry is highly competitive Most competitors are fully vertical Retail sales, manufacturing, and financing TMH focuses mainly on the retail side
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TMH Products and Pricing Strategy Single-section and multi-section units Two-four bedrooms Two-three bathrooms Living room, kitchen, dining room, family room Prices $30,000 – $50,000 Majority sell below $38,000 Only five percent are relocated More than two-thirds are placed on private property
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Location Strategy TMH remains in east/southeast parts of the USA Target markets include: North Carolina, South Carolina, Tennessee, Georgia, Florida,  Kentucky, Virginia, Alabama, West Virginia Top selling states of manufactured homes: South Carolina, North Carolina, New Mexico, West Virginia,  Alabama 15-20% of all homes are manufactured
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TMH Business Overview Experienced tremendous growth Fourth consecutive year revenue has grown Up to $267 M from $176 M in 2006 Concentrates on lower end of the market Attributes to firms growth over the years
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This note was uploaded on 11/17/2011 for the course ACCY 405 taught by Professor D during the Winter '11 term at University of Illinois at Urbana–Champaign.

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Accy%20405%20Group%20Talk%281%29 -...

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