<PAGE>
-------------------------
UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION -------------------------
Washington, D.C. 20549 OMB Number: 3236-0058
Expires: June 30, 1991
Average estimated burden
FORM 12b-25 hours per response 2.50
-------------------------
NOTIFICATION OF LATE FILING -------------------------
SEC FILE NUMBER
(Check One): [X] Form 10-K [_] Form 20-F 33-89076
[_] Form 11-K [_] Form 10-Q
[_] Form N-SAR -------------------------
-------------------------
For Period Ended: September 30, 1996 CUSIP NUMBER
-------------------
[_] Transition Report on Form 10-K -------------------------
[_] Transition Report on Form 20-F
[_] Transition Report on Form 11-K
[_] Transition Report on Form 10-Q
[_] Transition Report on Form N-SAR
For the Transition Period Ended:
------------------------------
- ------------------------------------------------------------------------------
Read Instruction (on back page) Before Preparing Form, Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
- ------------------------------------------------------------------------------
If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
- ------------------------------------------------------------------------------
PART I -- REGISTRANT INFORMATION
- ------------------------------------------------------------------------------
Full Name of Registrant
Weitzer Homebuilders Incorporated
- ------------------------------------------------------------------------------
Former Name if Applicable
- ------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
5901 N.W. 151st Street, Suite 120, Miami Lakes, Florida 33014
- ------------------------------------------------------------------------------
City, State and Zip Code
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on
[X] Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be
filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report of transition
report on Form 10-Q, or portion thereof will filed on or before the
fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets If Needed)
The Registrant has devoted significantly all of its time and resources toward
the further development of its business, and, accordingly, could not file its
Report on Form 10-K within the prescribed time frame without undue effort and
expense. (Attach Extra Sheets If Needed)
SEC 1344 (5-89)
<PAGE>
PART IV -- OTHER INFORMATION
<TABLE>
<S> <C>
(1) Name and telephone number of person to contact in regard to this notification
Timothy Hart 305 819-4663
---------------------------------- -------------------- -------------------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of
1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for
such shorter) period that the registrant was required to file such reports) been filed? If answer is no,
identify reports(s). [X] Yes [_] No
- ------------------------------------------------------------------------------------------------------------------------------
(3) Is it anticipated that any significant change in results of operations from the corresponding period for
the last fiscal year will be reflected by the earnings statements to be included in the subject report or
portion thereof? [X] Yes [_] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made. See attached Exhibit A.
- ------------------------------------------------------------------------------------------------------------------------------
Weitzer Homebuilders Incorporated
----------------------------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf buy the undersigned hereunto duly authorized.
Date December 27, 1996 By /s/ Timothy Hart
-------------------------------------------------------- ------------------------------------------------------
Timothy Hart, Corporate Controller
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The
name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf
of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
- ----------------------------------------------------------- ATTENTION---------------------------------------------------------------
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 15 U.S.C. 1001).
- -----------------------------------------------------------------------------------------------------------------------------------
GENERAL INSTRUCTIONS
1. This form if required by Rule 12b-25(17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act
of 1934.
2. One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the
Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations
under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission
files.
3. A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any
class of securities of the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but need not restate information that has been correctly
furnished. This form shall be clearly identified as an amended notification.
</TABLE>
<PAGE>
Exhibit A
Weitzer Homebuilders Incorporated & Subsidiaries
Selected Financial Data
Statement of Operations
<TABLE>
<CAPTION>
For the Year Ended September 30,
1996 1995
---- ----
<S> <C> <C>
Revenues $37,773,097 $14,332,026
Net Income (Loss) ($2,962,046) $68,814
Net income (loss) per share ($.79) $.03
Weighted average number of Common Shares 3,749,204 2,277,950
outstanding
<CAPTION>
Balance Sheet
September 30, 1996 September 30, 1995
------------------ ------------------
<S> <C> <C>
Total Assets $39,673,788 $36,922,360
Total Liabilities $32,652,900 $26,867,489
Total Stockholder's Equity $7,020,888 $10,054,871
</TABLE>
