“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.
- CSA Certified Manufacturing Plant
- Steel Frame Modular, Prefabricated & Mobile Homes
- Producing $54M yearly with $15M EBIT
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.
- 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
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.
Established in June as an Ontario Corporation
Raised first round of $1,000,000 seed capital
Acquired vacant lots and began land development
Acquired $125,000 of heavy equipment, machinery, and tools
Ended with $490,000 Portfolio of 282 acres of land for development
Construction of three new homes in Prince Edward County http://968Massassauga.com , http://147StinsonBlock.com, http://547CR15.com
Acquisition remodel and sale of three existing homes
Grew to $250,000 of heavy equipment, machinery, and tools
Ended with $1,800,000 Portfolio of homes/lands and $1.5M in gross sales
Tarion Builder Certification obtained
Began ground work for CSA certification of new factory
Entered into agreement for purchase of factory space
Construction of three new homes at http://PhillipsRoad.com
Acquired existing waterfront for remodel and sale.
Acquired http://GrandTrunkIsland.com subdivision project
Ended with $5,200,000 Portfolio of homes/lands and $200K EBIT
Currently the company holds a $5.2M portfolio of homes/lands
LEADERSHIPGreen 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.