Wisdom Homes of America, an owner and operator of manufactured homes retail centers in Texas, this morning announced revenues for the quarter ended June 30, 2015, and offered guidance on full-year sales.
“Our total revenue for the second quarter exceeded $1.2 million and we continue to project revenues of at least $4 million by the end of 2015, which will be our first full year owning and operating manufactured home retail centers in Texas,” Brent Nelms, president of Wisdom Homes, stated in the news release. “Our brand is becoming more recognizable in our respective markets and we’re starting to generate referral business too, both of which are driving traffic.”
Moving forward, the company says it plans to position its new retail centers near manufactured home subdivisions and communities and take advantage of sales opportunities in those new developments.
Company CEO Jim Pakulis also issued an update on its revenue model in Sherman, Texas, which is north of Dallas.
“The model we’ve created in Sherman, TX creates two revenue streams from the sale of manufactured houses; selling from our soon to open Sherman retail center and selling land-home packages in the Sherman residential subdivision. The structure and financial modeling for Sherman is less than 10 days from being completed. We anticipate providing an updated report once everything has been finalized,” said Pakulis.
For more information visit www.wisdomhomesofamerica.com
