Nobility Homes Inc
Overview
Nobility Homes Inc focuses on designing, manufacturing, and selling of manufactured and modular homes through its own retail sales centers across Florida. These homes range in different sizes and contain 1 to 5 bedrooms. Nobility also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. The Company’s homes are sold as unfurnished dwellings ready for permanent occupancy. The Company recognizes revenue from retail sales of new manufactured homes, the sale of the repurchased homes upon transfer of title to the new purchaser and revenues from its independent dealers and a wholly-owned subsidiary Mountain Financial, Inc. Manufacturing housing contributes to maximizing revenues for the company.