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Sample Business Plan - Real Estate Development

Sample Business Plan - Real Estate Development

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Published by g4nz0
Business Plan - Real Estate Development
Business Plan - Real Estate Development

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Categories:Types, Business/Law
Published by: g4nz0 on Oct 26, 2013
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12/01/2013

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XXX Properties, LLC ____________________________________ 
TABLE OF CONTENTS
This sample business plan is for demonstration purposes only. It is the property of NGC and is not to becopied or distributed.
 
 
EXECUTIVE SUMMARY
XXX Properties, LLC’s general business concept is to construct and sell infillcommercial office buildings within the core city of Brighton, Colorado. Infilllocations will be in the Brighton Enterprise Zone and Brighton Urban RenewalAreas. The infill lots may be vacant or occupied with 40+ year old houses, 800to 1,000 square feet in size, that are rundown, unattractive, or an eyesore to theneighbors.XXX Properties, LLC (previously doing business as XXX Homes, LLC) is anexisting company having started operations in April 200X. The firm is currentlybased in Brighton, Colorado, and is located at XXX, Brighton, Colorado 80601. The firm is owned by Jane Doe (80%) and John Doe (20%). Through the development of property in the Brighton Colorado Enterprise Zone,XXX Properties, LLC will provide commercial space for sale to professionals inthe area. The reason that XXX Properties, LLC is targeting Brighton, Colorado, is thataccording to XXX, as of 2006 the five-mile radius of Brighton, Colorado, has anestimated total of 33,047 people. This population is projected to grow over 15%by 2011. The 2006 average household income for this area was $66,452,compared to the US average which was $63,629.With population increase comes an increase in demand for various professionalservices. The owners of XXX Properties, LLC have identified three groups of customers for their new XXX Avenue Center’s prime office space:
 
Professional, Scientific, and Technical Services
 
Administrative and Support Services
 
Ambulatory Health Care Services The State of Colorado projects a 57% increase statewide in these threeindustries: Professional, Scientific, and Technical Services, Administrative andSupport Services, and Health Care & Social Assistance. More locally, the stateprojects increases of 54.4%, 44.3% and 33.3% for the same industries,respectively. The owners of XXX Properties, LLC have over 45 years of combined experiencein semi-custom home building, interior design, commercial and industrialproject development, and residential development and sales in California andColorado.XXX Properties, LLC’s first year funding totals $3,460,000. The owner willfinance $50,000 of this total and is seeking $2,725,000 of the total inConstruction Loans, with the remainder, $685,000, to be in the form of a TermLoan. These funds will be used for furniture and fixtures, software, the XXXAvenue Center construction, refinancing outstanding debt, and to provide forworking capital. Additional funding of $959,865 for advertising, constructionand build-out of office space, will be required in the second year, but will befunded through business operations. The firm expects to realize a profit of $1,765,099in 2008.
This sample business plan is for demonstration purposes only. It is the property of NGC and is not to becopied or distributed.
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Legal Business Description
XXX Properties, LLC (previously doing business as XXX Homes, LLC) is anexisting home-based company having begun operations in April 200X inBrighton, Colorado. The firm is presently formed as a limited liability companyand is currently located at XXX, Brighton, Colorado 80601. XXX Properties,LLC is owned by Jane Doe (80%) and John Doe (20%).A limited liability company, commonly called an "LLC," is a business structurethat fits somewhere between the partnership or sole proprietorship and thecorporation. Like owners of partnerships or sole proprietorships, LLC ownersreport business profits or losses on their personal income tax returns; the LLCitself is not a separate taxable entity. Like a corporation, however, all LLCowners are protected from personal liability for business debts and claims -- afeature known as "limited liability." This means that if the business owes moneyor faces a lawsuit for some other reason, only the assets of the business itself are at risk. Creditors normally can't reach the personal assets of the LLCowners, such as a house or car. Both LLC owners and corporate shareholderscan lose this protection by acting illegally, unethically, or irresponsibly. Forthese reasons, many people say the LLC combines the best features of both thepartnership and corporate business structures.
Mission
Our mission is to be an integral commercial redevelopment partner in therevitalization of Brighton’s core city Enterprise Zone and Urban Renewal Area.Our goal is to bring new jobs into the area, improve where we live, work andplay, retain a small town identity and quality, while meeting the needs of a cityof tomorrow.
Present Situation
Company
 
XXX Properties, LLC is an existing company, having begun operations in April200X in Brighton, Colorado, and is currently located at XXX, Brighton,Colorado 80601.
Offering
 
 Through the development of property in the Brighton Colorado Enterprise Zone,XXX Properties, LLC will provide commercial space for sale to professionals inthe area.
This sample business plan is for demonstration purposes only. It is the property of NGC and is not to becopied or distributed.
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