Business plan for real estate Development

Black Pearl Development and Real Estate LLC

4432 Alsace Lane
Tazor, TX 78221

This plan raised over $10 million for a medium-sized West Texas firm planning on developing a 300-lot subdivision with a recreational park, playground and 30 acres of walking and horseback riding trails.

EXECUTIVE SUMMARY

Black Pearl Development and Real Estate LLC (hereafter Black Pearl) is an experienced construction and development firm in Texas. Black Pearl is a full–service firm that owns heavy equipment, and offers "in–house" groundbreaking, infrastructure, concrete, framing and final construction services. Black Pearl has a dedicated and experienced foreman, a valuable core of management, and an excellent reputation in the community.

Black Pearl will purchase and develop 2, 500 acres of land in West Texas. We will develop this land into a restricted covenant sub–division containing 300 lots. Two hundred and sixty of these lots will contain residential housing and forty lots will contain commercial buildings. Black Pearl is constructing a one–acre recreational park and playground in the sub–division, and 30 acres of walking and horseback riding trails.

Black Pearl is unlike any other construction or development firm in the area. We are able to control costs and production delays by keeping the majority of our work in–house. We own our heavy equipment, do all our construction, have dependable contractors. In short, we are the only company that can develop a property completely. From original groundbreaking of undeveloped properties to the sales of completed residential housing, Black Pearl maintains complete control. Black Pearl is owned by Jim Wright.

Financial highlights for the fiscal year of operations

Mission

Black Pearl Development and Real Estate LLC is committed to the respectful, thoughtful development of living areas. Our development provides privacy, space, amenities, and preserves the natural beauty of land. Black Pearl is experienced, stable, dependable and reliable with outstanding customer service in the forefront of our building process.

Keys to Success

1. Extensive company experience in all phases of development process.
2. All phases of development are handled in–house reducing overhead costs.
3. Long term, positive relationships with select sub–contractors that insure quality work that meets deadlines.

OPERATIONS

Black Pearl Development and Real Estate LLC (hereafter Black Pearl) is an experienced construction and development firm in Texas. Black Pearl is a full service firm that owns heavy equipment, and offers "in–house" groundbreaking, infrastructure, concrete, framing and final construction services. Black Pearl has a dedicated and experienced foreman, a valuable core of management, and an excellent reputation in the community.

Organization

Black Pearl Development and Real Estate LLC is owned by Jim Wright, who is 100 percent vested. Black Pearl does the majority of our work in–house. This enables us to control costs. We depend on local contractors to install plumbing, electrical, and heating requirements. These contractors have a long–standing relationship with Black Pearl, and their work ethic, dependability and deadline adhesion is unparalleled. The contractors are GB's Plumbing, Harrison's Plumbing, Brad Brown Electric, Luevano Electric, K.P.I. Sheet Metal, and J. Becker Sheet Metal.

Company Location and Facilities

The main office of Black Pearl Development and Real Estate LLC is located at 4432 Alsace Lane, Tazor, Texas. Black Pearl proposes to purchase and develop 2, 500 acres of land in West Texas. This acreage affords one mile of river frontage.

PRODUCTS & SERVICES

Black Pearl will purchase and develop 2, 500 acres of land in West Texas. We will develop this land into a restricted covenant sub–division containing 300 lots. Two hundred and sixty of these lots will contain residential housing and forty lots will contain commercial buildings. Black Pearl is constructing a one–acre recreational park and playground in the subdivision and 30 acres of walking and horseback riding trails.

Land development requires that all essential infrastructure—sewers, water lines, streets, sidewalks, right of way clearances and lots division—is completed. Black Pearl also will design and build a majority of the residential and commercial structures. Once the land development is complete Black Pearl will offer the lots and houses for sale to retail buyers.

The restricted covenant of the sub–division requires that owners use either Black Pearl Construction to build their homes, submit the plans of proposed dwellings to the planning board, or use construction companies recommended by Black Pearl. This ensures constancy in sub–development land value, and aesthetic appeal.