Residential Appraisal Service Company
Seller Financing Available
Asking Price:   Not DisclosedInventory:   
Gross Revenue:   $180,000Real Estate:   n/a
Cash Flow:   $30,000FF&E:   n/a
++ included in the asking price         ** not included in the asking price
· The Company was established in 1992 to serve the residential and commercial appraisal needs of the Brazos Valley. The company is offering the residential appraisal business for sale in order to concentrate on their commercial business.
· Their residential appraisal services include single-family dwellings, duplex and 4-plex apartments and residential properties and lots.
· Customer base consists primarily of lending institutions and some individuals.
SERVICES, AND CUSTOMERS:
· The Company residential division provides appraisal services on single family dwellings, duplexes and four-plex properties. Additionally, properties and lots are also part of their business.
· The Company provides these services for lending institutions and a few individuals as required.
· Most business is conducted via email or by phone although there is a little walk-in traffic.
· A website was placed into service about 5 years ago, resulting in increased marketing and call volume.
· Business has been in operation since 1992 and has formed steady relationships with many area lenders.
About the Business
Year Established:1992
Employees:2 full time -
Facilities:The Company resides in a new steel frame/stucco office building and will lease back one office with use of copy/fax and phone facilities for $375 per month. Phone line must be acquired by buyer.
Market Outlook and Competition:The Company has been in the community for 16 years and has established a good following from their customer base. · The Bryan/College Station area has experienced a steady growth rate of 3% to 4% per year over the past several years with housing sales and pricing holding up very well in the current market. · The business has grown, largely through word of mouth, is well established in the community and maintains an active base of about 40 customers. · Increased marketing through standard venues provide a good potential for growth.
About the Sale
Reason For Selling:The Owner desires to sell the Company in order to concentrate on the commercial division and spend more time with his family.
Seller Financing:will consider

KEYWORDS: Appraisal, Brazos Valley, Bryan, College Station, service company


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Business Listed By
Milton Schopper  |  Texas Gulf Business Sales & Acquisions
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