Nobility Homes Inc. (NOBH)

Overview

Nobility Homes, Inc., established in 1967 and based in Ocala, Florida, operates in the manufacturing and housing industry. The company specializes in designing, manufacturing, and selling a wide range of manufactured and modular homes across Florida. Nobility Homes markets its products under a variety of trade names, including Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor. Its business model encompasses both direct sales through its network of retail sales centers and wholesale transactions to independent dealers and manufactured home communities. Additionally, Nobility Homes extends its services to include retail insurance and mortgage loan origination, supporting its customers in securing financing and insurance for their manufactured homes.

Products and Services

• Manufactured and Modular Homes:

  Nobility Homes offers a diverse portfolio of manufactured and modular homes, incorporating a variety of designs and floor plans to meet the needs of customers in Florida. These homes are marketed under several trade names, including Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor, showcasing the company's commitment to quality and diversity in housing solutions.

• Retail Sales Centers:

  The company sells its manufactured homes directly to customers through a network of its own retail sales centers. These centers provide prospective buyers with the opportunity to explore a range of home models, allowing them to select the design that best fits their preferences and needs.

• Wholesale Sales:

  In addition to direct sales, Nobility Homes engages in wholesale transactions, supplying manufactured homes to independent retail dealers and communities. This aspect of their operation broadens their market reach, making their homes available to a wider audience beyond their direct retail locations.

• Retail Insurance Services:

  Nobility Homes offers comprehensive insurance services to its customers, facilitating the placement of various types of insurance coverage in connection with the purchase and financing of manufactured homes. These services include property and casualty, automobile, and extended home warranty coverage, ensuring customers receive full support in securing their investments.

• Mortgage Loan Origination:

  The company also operates as a licensed mortgage loan originator, assisting customers in obtaining financing for their home purchases. This service complements Nobility Homes’ commitment to providing comprehensive support throughout the home buying process, from selection to securing financing.