Apr 16, 2015 3:00 EST

GreenTerraHomes: “Green living for the rest of us” – Automated Steel Framed Modular & Mobile home manufacturing facility with $5.2M existing home portfolio

iCrowdNewswire - Apr 16, 2015

GreenTerraHomes

GreenTerraHomes

“Green living for the rest of us” – Automated Steel Framed Modular & Mobile home manufacturing facility with $5.2M existing home portfolio.

GreenTerraHomes is raising $400,000 with a minimum reservation of $5,000.

HIGHLIGHTS

  • CSA Certified Manufacturing Plant
  • Steel Frame Modular, Prefabricated & Mobile Homes
  • Producing $54M yearly with $15M EBIT

ELEVATOR PITCH

Selling Steel Frame DIY Home Kits starting at $8.5CAD PSF Exchange rate allows US sales at $7USD PSF for DIY Home Kits 90% of our kits to be sold & shipped to the US Markets Strategically located.

RAISE DETAILS

  • Funding Goal$400,000
  • Current Reservations$0
  • Minimum Reservation$5,000
  • Interest (% per year)8.00%
  • Term Length (Months)18 months
  • Valuation Cap$4,600,000
  • Conversion Discount (%)10%
  • Warrant Coverage (%)N/A
  • Open Date 03/20/2015
  • Closing Date 05/1

    COMPANY OVERVIEW

    Green Terra Homes, a designer & Tarion builder of light gauge steel green homes is addressing a growing demand for affordable living with a reduced environmental impact. This trend has been available only for higher-priced homes; however, using the efficiencies of modular construction, our company makes green features available without a high price tag.

    TRACTION

    Established in June as an Ontario Corporation

    JUNE, 2012

    Raised first round of $1,000,000 seed capital

    SEPTEMBER, 2012

    Acquired vacant lots and began land development

    SEPTEMBER, 2012

    Acquired $125,000 of heavy equipment, machinery, and tools

    OCTOBER, 2012

    Ended with $490,000 Portfolio of 282 acres of land for development

    DECEMBER, 2012

    Construction of three new homes in Prince Edward County http://968Massassauga.com , http://147StinsonBlock.com, http://547CR15.com

    JULY, 2013

    Acquisition remodel and sale of three existing homes

    AUGUST, 2013

    Grew to $250,000 of heavy equipment, machinery, and tools

    DECEMBER, 2013

    Ended with $1,800,000 Portfolio of homes/lands and $1.5M in gross sales

    DECEMBER, 2013

    Tarion Builder Certification obtained

    APRIL, 2014

    Began ground work for CSA certification of new factory

    MAY, 2014

    Entered into agreement for purchase of factory space

    JUNE, 2014

    Construction of three new homes at http://PhillipsRoad.com

    SEPTEMBER, 2014

    Acquired existing waterfront for remodel and sale.

    OCTOBER, 2014

    Acquired http://GrandTrunkIsland.com subdivision project

    NOVEMBER, 2014

    Ended with $5,200,000 Portfolio of homes/lands and $200K EBIT

    DECEMBER, 2014

    Currently the company holds a $5.2M portfolio of homes/lands

    JANUARY, 2015

    LEADERSHIP

    GreenTerra Homes

    GreenTerra Homes

    Steel frame modular homes cabins bunkies cottages

     
    Green Terra Homes is a designer and builder of light gage steel green homes, addressing a growing demand for affordable living with a reduced environmental impact. Increased consumer awareness of environmental issues has driven demand for green buildings, creating a new market segment within the housing industry.

    9/2015

 

 

Contact Information:

GreenTerra Homes

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