Questions
Posted: Mon Nov 10, 2003 1:12 pm
How much is the average retail markup on a manufactured house of appx 1800 sq ft? Do Palm Harbor homes have a good reputation?
Retail mark up varies with the dealer...but it sounds like you are talking to a pH owned lot..
Last 1/4 PH reported a 26.3% ( a little lower than they usually have) gross profit company wide...but incurred administrative expenses of 26.3%...With a NET profit of .3% (3 tenths of 1%)..mostly coming from misc. income..
So...for each $100,000 of home sold they had a net of $333...
You can find these figures at http://biz.yahoo.com/e/031105/phhm10-q.html
Palm Harbor is a large manufacturer building all sorts of homes in its various plants around the US...Some are better than others...none are bottom of the barrell...Like every big company they have thousands of happy customers ...and a few who are not..