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Luxury Real Estate & Property Management
| Asking Price: | $225,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $525,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
1) Very well known reputation. 2) Location is best in area. 3) Primarily High end beach community. 4) World renowned surfing beaches with World class surfing contests every year for huge exposure to the area. 5) Sales brokerage business as well as vacation and long term rental division. 6) Opportunity to purchase building and property with plans and documents ready to go to build a brand new historic building in the absolutely best place in the area. 7) Chance to buy business and retain current owner. 8) Not very much serious competition in the area.
About the Business
Year Established:2002
Facilities:This building is on the State Historic register and the owner has building plans to build a new building in the back of the current building to feature the same look as the current building. The property could be sold in addition to the business or a joint venture could be worked out with the seller to co – develop the property or any combination of scenarios are possible.
About the Sale
Management Training and Support:2 weeks at 20 hours per week
Reason For Selling:Seller is interested in spending more time traveling and concentrating on the sales of real estate instead of the administration of a thriving business. Seller is willing to negotiate an employment contract to stay on with the business which would be a huge asset to a buyer of this company.
Seller Financing:$100,000; financed over 3 years amortized over 120 months @ 8% APR; monthly payments of $1,213.28. A balloon payment of $77,148.56 to be due on the 37th month after the close of the business. Buyer has the right to prepay any or all of the note prior to the note maturity date with no prepayment penalty.
KEYWORDS: Commerical, Residental, Real Estate, Property Rental, Premier Location
Sell Your Business | This listing has been viewed 129 times
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Current Search
State: Hawaii
County: Hawaii Next Listing: Corporate Acquisitions Group: Ocean Recreation Business
Last Viewed: Home Manufacturing
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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